Julius Bär Gruppe AG (OTCMKTS:JBAXY) Sees Large Growth in Short Interest

Julius Bär Gruppe AG (OTCMKTS:JBAXY) was the recipient of a significant growth in short interest during the month of 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 trading volume of 210,500 shares, the short-interest ratio is currently 0.5 days.

Julius Bär Gruppe Stock Performance

Shares of JBAXY opened at $11.55 on Friday. Julius Bär Gruppe has a 12 month low of $9.73 and a 12 month high of $14.69. The stock has a fifty day moving average price of $10.97 and a 200 day moving average price of $11.42.

Julius Bär Gruppe Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, May 1st. Investors of record on Tuesday, April 16th will be issued a $0.3417 dividend. The ex-dividend date of this dividend is Monday, April 15th. This is a boost from Julius Bär Gruppe’s previous dividend of $0.32. Julius Bär Gruppe’s dividend payout ratio (DPR) is 126.87%.

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.