EFG International AG (OTCMKTS:EFGXY) Shares Shorted: Short Interest Up 288.9% in October

EFG International AG (OTCMKTS:EFGXY) was the target of a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 35 shares, a growth of 288.9% from the October 15th total of 9 shares. Based on an average trading volume of 67 shares, the days-to-cover ratio is presently 0.5 days.

Wall Street Analyst Weigh In

Separately, Citigroup reissued a “buy” rating on shares of EFG International in a research report on Thursday, July 23rd. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

EFG International Price Performance

OTCMKTS EFGXY opened at C$20.38 on Friday. The stock’s 50-day moving average price is C$20.29 and its 200-day moving average price is C$22.34. EFG International has a 52 week low of C$18.29 and a 52 week high of C$25.85.

EFG International Company Profile

EFG International is a Swiss private banking group headquartered in Zurich. Founded in 1995, the company provides private banking and wealth management services to individuals, families and institutions. Its services include investment advice and portfolio management, wealth planning, banking and lending solutions, and related financial services. EFG International serves clients through operations across Europe, Asia-Pacific, the Americas and the Middle East.