Short Interest in Vontobel Holding AG (OTCMKTS:VONHF) Increases By 10,962.0%

Vontobel Holding AG (OTCMKTS:VONHF) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 7,854 shares, a growth of 10,962.0% from the July 15th total of 71 shares. Based on an average trading volume of 158 shares, the short-interest ratio is currently 49.7 days.

Analyst Upgrades and Downgrades

Separately, Citigroup reaffirmed a “neutral” rating on shares of Vontobel in a research note on Monday, July 13th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold”.

Vontobel Stock Performance

Vontobel stock remained flat at C$90.19 during trading hours on Tuesday. Vontobel has a one year low of C$69.62 and a one year high of C$90.19. The business’s fifty day simple moving average is C$90.19 and its 200 day simple moving average is C$86.86.

Vontobel Company Profile

Vontobel is a Switzerland-based financial services group focused on private banking, asset management and investment banking. The firm provides a broad range of wealth management services to high-net-worth individuals, families and family offices, including tailored portfolio solutions, estate and succession planning, and bespoke structuring. In its asset management division, Vontobel offers equities, fixed income, multi-asset and alternative investment strategies to institutional investors, pension funds and retail clients, supported by active research and risk management capabilities.

Founded in 1924 and headquartered in Zurich, Vontobel has grown from a regional private bank into a globally active financial institution.