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

Vontobel Holding AG (OTCMKTS:VONHF) saw 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 trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Vontobel Stock Performance

Shares of VONHF opened at C$90.19 on Friday. The company’s 50 day simple moving average is C$90.19 and its 200-day simple moving average is C$85.15. Vontobel has a 12-month low of C$69.62 and a 12-month high of C$90.19.

Analysts Set New Price Targets

Separately, Citigroup reissued 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, Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

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.