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

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

Vontobel Stock Performance

OTCMKTS VONHF remained flat at C$90.19 during trading hours on Tuesday. Vontobel has a 1 year low of C$69.62 and a 1 year high of C$90.19. The stock has a fifty day moving average of C$90.19 and a two-hundred day moving average of C$86.86.

Analyst Ratings Changes

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

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.