Julius Bär Gruppe AG (OTCMKTS:JBAXY) Sees Significant Increase in Short Interest

Julius Bär Gruppe AG (OTCMKTS:JBAXYGet Free Report) was the target of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 62,757 shares, a growth of 40.6% from the January 15th total of 44,630 shares. Based on an average trading volume of 99,262 shares, the days-to-cover ratio is presently 0.6 days. Based on an average trading volume of 99,262 shares, the days-to-cover ratio is presently 0.6 days.

Julius Bär Gruppe Trading Up 0.8%

JBAXY stock opened at $16.60 on Friday. The firm has a 50-day moving average of $16.23 and a two-hundred day moving average of $14.75. Julius Bär Gruppe has a 12 month low of $11.05 and a 12 month high of $17.70.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Julius Bär Gruppe from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 19th. Two investment analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Read Our Latest Stock Analysis on Julius Bär Gruppe

About Julius Bär Gruppe

(Get Free Report)

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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