EFG International AG (OTCMKTS:EFGXY) Sees Large Decline in Short Interest

EFG International AG (OTCMKTS:EFGXY) saw a large decline in short interest in October. As of October 15th, there was short interest totaling 9 shares, a decline of 89.0% from the September 30th total of 82 shares. Based on an average daily volume of 142 shares, the short-interest ratio is currently 0.1 days.

EFG International Stock Performance

Shares of EFG International stock opened at C$19.60 on Wednesday. EFG International has a twelve month low of C$18.29 and a twelve month high of C$25.85. The business’s fifty day moving average price is C$20.60 and its 200 day moving average price is C$21.95.

Analyst Ratings Changes

Separately, Citigroup reissued a “buy” rating on shares of EFG International in a research note on Thursday, July 23rd. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

About EFG International

EFG International AG is a Switzerland-based private banking and wealth management group headquartered in Zurich. Through EFG Bank and related entities, the company provides services to private clients, entrepreneurs, families and institutions, with a focus on preserving and growing wealth over the long term.

Its principal offerings include investment advisory and discretionary portfolio management, securities trading and brokerage, wealth planning, lending and other banking services. EFG also provides asset management and investment solutions, supported by relationship managers and investment professionals who serve clients according to their individual financial objectives.

EFG International operates through a network spanning Switzerland, Europe, the Americas, Asia-Pacific and other selected international financial centers.