Julius Bär Gruppe AG (OTCMKTS:JBAXY) Short Interest Up 40.6% in January

Julius Bär Gruppe AG (OTCMKTS:JBAXY) was the recipient of a significant increase in short interest in January. As of January 30th, there was short interest totaling 62,757 shares, an increase of 40.6% from the January 15th total of 44,630 shares. Based on an average trading volume of 99,262 shares, the days-to-cover ratio is currently 0.6 days. Based on an average trading volume of 99,262 shares, the days-to-cover ratio is currently 0.6 days.

Analyst Ratings Changes

Separately, Zacks Research upgraded Julius Bär Gruppe from a “hold” rating to a “strong-buy” rating in a report on Monday, January 19th. Two equities research analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Julius Bär Gruppe currently has an average rating of “Buy”.

Julius Bär Gruppe Trading Up 0.8%

Shares of OTCMKTS:JBAXY traded up $0.13 during midday trading on Monday, reaching $16.60. 177,851 shares of the company’s stock traded hands, compared to its average volume of 70,222. The stock has a 50 day moving average of $16.23 and a 200 day moving average of $14.76. Julius Bär Gruppe has a one year low of $11.05 and a one year high of $17.70.

About Julius Bär Gruppe

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.