Short Interest in Vontobel Holding AG (OTCMKTS:VONHF) Decreases By 77.6%

Vontobel Holding AG (OTCMKTS:VONHF) saw a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 3,488 shares, a drop of 77.6% from the April 15th total of 15,578 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Analysts Set New Price Targets

Separately, Citigroup reissued a “neutral” rating on shares of Vontobel in a report on Wednesday, January 28th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Vontobel currently has an average rating of “Hold”.

Vontobel Price Performance

OTCMKTS VONHF opened at C$90.19 on Wednesday. Vontobel has a 1-year low of C$69.62 and a 1-year high of C$90.19. The business has a 50 day moving average price of C$90.19 and a 200 day moving average price of C$77.59.

Vontobel Company Profile

Vontobel is a Switzerland-based financial services group focused on private banking, asset management and investment banking. The firm provides a broad range of wealth management services to high-net-worth individuals, families and family offices, including tailored portfolio solutions, estate and succession planning, and bespoke structuring. In its asset management division, Vontobel offers equities, fixed income, multi-asset and alternative investment strategies to institutional investors, pension funds and retail clients, supported by active research and risk management capabilities.

Founded in 1924 and headquartered in Zurich, Vontobel has grown from a regional private bank into a globally active financial institution.