Julius Bär Gruppe AG (OTCMKTS:JBAXY) Stock Short Interest Report for September

Julius Bär Gruppe AG (OTCMKTS:JBAXY) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 292,959 shares, a growth of 832.6% from the September 15th total of 31,414 shares. Based on an average daily trading volume, of 478,937 shares, the short-interest ratio is presently 0.6 days.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods cut shares of Julius Bär Gruppe from a “hold” rating to a “moderate sell” rating in a research note on Friday, June 19th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Julius Bär Gruppe Stock Performance

Shares of JBAXY opened at $17.07 on Monday. Julius Bär Gruppe has a 12 month low of $13.07 and a 12 month high of $18.93. The company has a 50-day moving average price of $18.06 and a two-hundred day moving average price of $17.06.

About Julius Bär Gruppe

Julius Bär Gruppe AG is a Swiss private banking group headquartered in Zurich. Founded in 1890, the company focuses on wealth management for private clients, entrepreneurs, family offices and external asset managers rather than on mass-market retail banking or investment banking.

Its services include investment advice and portfolio management, wealth planning, financing and lending, foreign exchange, and other banking and capital-markets solutions. Julius Baer also provides access to investment products and structured solutions designed to support clients’ long-term wealth preservation and growth objectives.

The group serves clients through a global network covering Switzerland, Europe, the Americas, Asia and selected markets in the Middle East.