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

Julius Bär Gruppe AG (OTCMKTS:JBAXY) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 113,000 shares, a growth of 517.5% from the February 29th total of 18,300 shares. Based on an average daily volume of 210,500 shares, the short-interest ratio is currently 0.5 days.

Julius Bär Gruppe Price Performance

JBAXY opened at $11.52 on Thursday. The business’s 50-day moving average price is $10.95 and its two-hundred day moving average price is $11.42. Julius Bär Gruppe has a 1 year low of $9.73 and a 1 year high of $14.69.

Julius Bär Gruppe Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Tuesday, April 16th will be paid a $0.3417 dividend. This is a positive change from Julius Bär Gruppe’s previous dividend of $0.32. The ex-dividend date of this dividend is Monday, April 15th. Julius Bär Gruppe’s payout ratio is presently 126.87%.

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.