Vontobel Holding AG (OTCMKTS:VONHF) Short Interest Down 93.6% in July

Vontobel Holding AG (OTCMKTS:VONHF) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 71 shares, a decline of 93.6% from the June 30th total of 1,109 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Wall Street Analyst Weigh In

Separately, Citigroup reiterated a “neutral” rating on shares of Vontobel in a report on Monday, July 13th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, Vontobel presently has a consensus rating of “Hold”.

Vontobel Price Performance

OTCMKTS VONHF remained flat at C$90.19 during trading hours on Friday. Vontobel has a 52-week low of C$69.62 and a 52-week high of C$90.19. The business’s 50 day moving average is C$90.19 and its two-hundred day moving average is C$85.15.

Vontobel Company Profile

Vontobel is a Switzerland-based financial services group focused on private banking, asset management and investment banking. The firm provides a broad range of wealth management services to high-net-worth individuals, families and family offices, including tailored portfolio solutions, estate and succession planning, and bespoke structuring. In its asset management division, Vontobel offers equities, fixed income, multi-asset and alternative investment strategies to institutional investors, pension funds and retail clients, supported by active research and risk management capabilities.

Founded in 1924 and headquartered in Zurich, Vontobel has grown from a regional private bank into a globally active financial institution.