Julius Bär Gruppe AG (OTCMKTS:JBAXY) Short Interest Down 98.3% in April

Julius Bär Gruppe AG (OTCMKTS:JBAXY) saw a large drop in short interest during the month of April. As of April 15th, there was short interest totaling 1,387 shares, a drop of 98.3% from the March 31st total of 81,234 shares. Based on an average daily volume of 167,000 shares, the days-to-cover ratio is currently 0.0 days.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Barclays upgraded Julius Bär Gruppe from a “hold” rating to a “strong-buy” rating in a report on Monday. Zacks Research downgraded Julius Bär Gruppe from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 17th. One equities research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Julius Bär Gruppe presently has an average rating of “Moderate Buy”.

Julius Bär Gruppe Trading Up 0.7%

Shares of JBAXY stock traded up $0.12 on Friday, reaching $15.78. 30,419 shares of the stock were exchanged, compared to its average volume of 81,080. The firm has a 50 day moving average of $15.65 and a two-hundred day moving average of $15.29. Julius Bär Gruppe has a 1-year low of $12.43 and a 1-year high of $17.70.

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.