Julius Bär Gruppe AG (OTCMKTS:JBAXY) Short Interest Down 82.8% in October

Julius Bär Gruppe AG (OTCMKTS:JBAXY) was the target of a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 12,200 shares, a decrease of 82.8% from the October 15th total of 70,800 shares. Based on an average trading volume of 148,600 shares, the days-to-cover ratio is presently 0.1 days.

Julius Bär Gruppe Stock Down 2.4 %

Shares of OTCMKTS JBAXY traded down $0.30 during trading hours on Tuesday, hitting $12.24. The company’s stock had a trading volume of 171,854 shares, compared to its average volume of 171,419. The business has a 50-day simple moving average of $12.00 and a 200-day simple moving average of $11.66. Julius Bär Gruppe has a 12 month low of $9.73 and a 12 month high of $12.83.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Royal Bank of Canada upgraded shares of Julius Bär Gruppe to a “moderate buy” rating in a research report on Friday, July 26th. UBS Group upgraded Julius Bär Gruppe to a “strong-buy” rating in a research report on Friday, July 26th.

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.