Julius Bär Gruppe AG (OTCMKTS:JBAXY) Short Interest Up 14,000.0% in February

Julius Bär Gruppe AG (OTCMKTS:JBAXY) was the target of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 14,100 shares, a growth of 14,000.0% from the February 13th total of 100 shares. Based on an average trading volume of 205,100 shares, the short-interest ratio is currently 0.1 days.

Julius Bär Gruppe Price Performance

JBAXY stock traded down $0.01 during trading on Wednesday, hitting $13.59. 89,282 shares of the company’s stock were exchanged, compared to its average volume of 108,041. The business has a 50-day moving average price of $13.21 and a two-hundred day moving average price of $12.62. Julius Bär Gruppe has a 52-week low of $10.33 and a 52-week high of $14.34.

Wall Street Analyst Weigh In

Separately, Citigroup cut shares of Julius Bär Gruppe from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 10th. Three research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Julius Bär Gruppe has a consensus rating of “Moderate Buy”.

About Julius Bär Gruppe

Julius Bär Gruppe AG provides wealth management solutions in Switzerland, Europe, the Americas, Asia, and internationally. The company offers investment advisory and discretionary mandates; structured products, securities execution and advisory, private markets and fund offering; wealth planning, family office services; asset servicing, and lombard lending solutions.