Short Interest in Julius Bär Gruppe AG (OTCMKTS:JBAXY) Decreases By 78.7%

Julius Bär Gruppe AG (OTCMKTS:JBAXY) saw a significant decrease in short interest in 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 trading volume of 264,400 shares, the short-interest ratio is currently 0.0 days.

Julius Bär Gruppe Trading Down 1.2 %

JBAXY stock opened at $11.87 on Thursday. The stock has a fifty day moving average of $13.18 and a 200-day 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 announced a dividend, which will be paid on Thursday, May 1st. Stockholders of record on Tuesday, April 15th will be paid a $0.5684 dividend. This is an increase from Julius Bär Gruppe’s previous dividend of $0.34. The ex-dividend date is Tuesday, April 15th. Julius Bär Gruppe’s dividend payout ratio (DPR) is presently 115.67%.

Analyst Ratings Changes

JBAXY has been the topic of a number of recent analyst reports. The Goldman Sachs Group upgraded Julius Bär Gruppe to a “strong-buy” rating in a report on Thursday, March 13th. Citigroup cut Julius Bär Gruppe from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 10th. Three analysts have rated the stock with a hold rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, Julius Bär Gruppe currently has an average 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.