Julius Bär Gruppe AG (OTCMKTS:JBAXY) Short Interest Down 98.3% in April

Julius Bär Gruppe AG (OTCMKTS:JBAXY) was the target of a large drop in short interest in the month of April. As of April 15th, there was short interest totaling 1,387 shares, a drop of 98.3% from the March 31st total of 81,234 shares. Based on an average trading volume of 167,000 shares, the short-interest ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Barclays raised shares of Julius Bär Gruppe from a “hold” rating to a “strong-buy” rating in a research note on Monday. Zacks Research downgraded shares of Julius Bär Gruppe from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 17th. One analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Julius Bär Gruppe Stock Performance

Julius Bär Gruppe stock traded up $0.12 during midday trading on Friday, hitting $15.78. 30,419 shares of the stock were exchanged, compared to its average volume of 81,080. Julius Bär Gruppe has a 1 year low of $12.43 and a 1 year high of $17.70. The company has a 50 day moving average price of $15.65 and a two-hundred day moving average price of $15.29.

About Julius Bär Gruppe

Julius Bär Gruppe (OTCMKTS: JBAXY) is a Swiss global wealth manager headquartered in Zurich. The group specialises in private banking and asset management services for high-net-worth individuals and families. With a client-centric approach, Julius Bär offers tailored investment solutions designed to preserve and grow clients’ wealth over the long term.

The firm’s core services include discretionary and advisory portfolio management, wealth planning, lending and credit facilities, customised trading solutions and family office services.