Short Interest in Julius Bär Gruppe AG (OTCMKTS:JBAXY) Declines By 29.1%

Julius Bär Gruppe AG (OTCMKTS:JBAXY) was the target of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 38,900 shares, a decline of 29.1% from the September 15th total of 54,900 shares. Based on an average daily trading volume, of 132,000 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 132,000 shares, the short-interest ratio is presently 0.3 days.

Julius Bär Gruppe Stock Up 0.9%

Shares of JBAXY opened at $13.36 on Friday. Julius Bär Gruppe has a one year low of $11.05 and a one year high of $14.95. The business has a fifty day moving average of $13.98 and a 200 day moving average of $13.46.

Analyst Ratings Changes

Separately, Barclays downgraded shares of Julius Bär Gruppe from a “strong-buy” rating to a “hold” rating in a research report on Sunday, July 27th. One research analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Julius Bär Gruppe Company Profile

Julius Bär Gruppe AG provides wealth management solutions in Switzerland, Europe, the Americas, Asia, and internationally. The company offers investment advisory and discretionary mandates; structured products, securities execution and advisory, private markets and fund offering; wealth planning, family office services; asset servicing, and lombard lending solutions.