Julius Bär Gruppe AG (OTCMKTS:JBAXY – Get Free Report) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 3,306 shares, a decrease of 75.5% from the April 30th total of 13,483 shares. Based on an average daily trading volume, of 98,838 shares, the short-interest ratio is currently 0.0 days.
Julius Bär Gruppe Trading Up 1.6%
JBAXY stock traded up $0.25 during midday trading on Friday, hitting $16.23. 209,763 shares of the company traded hands, compared to its average volume of 100,367. Julius Bär Gruppe has a twelve month low of $12.43 and a twelve month high of $17.70. The business has a 50 day simple moving average of $15.87 and a 200-day simple moving average of $15.82.
Wall Street Analyst Weigh In
JBAXY has been the topic of a number of research reports. Barclays upgraded Julius Bär Gruppe from a “hold” rating to a “strong-buy” rating in a report on Monday, April 20th. Citigroup upgraded Julius Bär Gruppe from a “hold” rating to a “strong-buy” rating in a report on Friday, May 22nd. Finally, Zacks Research downgraded Julius Bär Gruppe from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 17th. Two research analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy”.
Julius Bär Gruppe Company Profile
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.
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