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

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

Wall Street Analysts Forecast Growth

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 equities research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Julius Bär Gruppe currently has a consensus rating of “Moderate Buy”.

Julius Bär Gruppe Stock Performance

Shares of JBAXY opened at $13.74 on Thursday. Julius Bär Gruppe has a 12-month low of $10.33 and a 12-month high of $14.34. The company’s 50-day moving average price is $13.23 and its 200 day moving average price is $12.63.

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.