Julius Bär Gruppe AG (OTCMKTS:JBAXY) Short Interest Update

Julius Bär Gruppe AG (OTCMKTS:JBAXY) was the recipient of a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 3,500 shares, a decrease of 78.7% from the March 15th total of 16,400 shares. Based on an average daily trading volume, of 264,400 shares, the days-to-cover ratio is presently 0.0 days.

Julius Bär Gruppe Stock Performance

OTCMKTS:JBAXY opened at $11.87 on Thursday. The firm has a 50-day simple moving average of $13.18 and a two-hundred day simple moving average of $12.93. Julius Bär Gruppe has a fifty-two week low of $10.41 and a fifty-two week high of $14.68.

Julius Bär Gruppe Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, May 1st. Investors of record on Tuesday, April 15th will be given a $0.5684 dividend. The ex-dividend date is Tuesday, April 15th. This is a boost from Julius Bär Gruppe’s previous dividend of $0.34. Julius Bär Gruppe’s dividend payout ratio is 115.67%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on JBAXY. The Goldman Sachs Group raised shares of Julius Bär Gruppe to a “strong-buy” rating in a research report on Thursday, March 13th. Citigroup lowered shares of Julius Bär Gruppe from a “strong-buy” rating to a “hold” rating in a report on Monday, February 10th. Three equities research analysts have rated the stock with a hold rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Julius Bär Gruppe Company Profile

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.