UBS Group AG (NYSE:UBS) Short Interest Up 63,332.8% in July

Key Points

• Short interest in UBS Group AG surged by 63,332.8% in July, reaching a total of 8.5 million shares by July 15th, a significant increase from just 13,400 shares at the end of June.
• During trading, UBS Group's stock price declined 1.8% to $36.66, with a trading volume of approximately 3.2 million shares, which is below its average volume.
• UBS Group reported an EPS of $0.72 for the last quarter, exceeding analyst expectations of $0.70, and had a revenue of $11.55 billion against the forecast of $9.77 billion.

UBS Group AG (NYSE:UBS - Get Free Report) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 8,500,000 shares, anincreaseof63,332.8% from the June 30th total of 13,400 shares. Based on an average daily volume of 2,780,000 shares, the short-interest ratio is presently 3.1 days. Approximately0.3% of the shares of the stock are short sold. Approximately0.3% of the shares of the stock are short sold. Based on an average daily volume of 2,780,000 shares, the short-interest ratio is presently 3.1 days.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on UBS. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of UBS Group in a research note on Monday, May 12th. Royal Bank Of Canada restated an "outperform" rating on shares of UBS Group in a report on Wednesday, May 21st. Jefferies Financial Group upgraded UBS Group from a "hold" rating to a "buy" rating in a report on Tuesday, June 3rd. DZ Bank upgraded UBS Group from a "hold" rating to a "strong-buy" rating in a report on Tuesday, May 6th. Finally, Wall Street Zen downgraded UBS Group from a "hold" rating to a "sell" rating in a research note on Sunday. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, UBS Group has a consensus rating of "Hold".

Hedge Funds Weigh In On UBS Group

Several hedge funds and other institutional investors have recently modified their holdings of the company. Integrated Wealth Concepts LLC lifted its holdings in shares of UBS Group by 0.5% during the 4th quarter. Integrated Wealth Concepts LLC now owns 65,889 shares of the bank's stock valued at $1,998,000 after buying an additional 320 shares during the period. Werba Rubin Papier Wealth Management raised its holdings in UBS Group by 4.3% in the 2nd quarter. Werba Rubin Papier Wealth Management now owns 8,400 shares of the bank's stock worth $284,000 after purchasing an additional 347 shares during the period. HighPoint Advisor Group LLC raised its holdings in UBS Group by 4.8% in the 4th quarter. HighPoint Advisor Group LLC now owns 7,633 shares of the bank's stock worth $253,000 after purchasing an additional 349 shares during the period. Dorsey & Whitney Trust CO LLC raised its holdings in UBS Group by 1.7% in the 1st quarter. Dorsey & Whitney Trust CO LLC now owns 20,902 shares of the bank's stock worth $640,000 after purchasing an additional 358 shares during the period. Finally, First National Bank of Hutchinson raised its holdings in UBS Group by 3.1% in the 1st quarter. First National Bank of Hutchinson now owns 12,384 shares of the bank's stock worth $379,000 after purchasing an additional 367 shares during the period.

UBS Group Stock Down 1.8%

UBS stock traded down $0.66 during midday trading on Friday, hitting $36.67. The company's stock had a trading volume of 3,697,642 shares, compared to its average volume of 2,006,424. The firm's 50-day moving average is $34.14 and its 200-day moving average is $32.74. The company has a market cap of $117.58 billion, a PE ratio of 19.40, a P/E/G ratio of 0.66 and a beta of 1.18. The company has a current ratio of 1.05, a quick ratio of 1.04 and a debt-to-equity ratio of 3.77. UBS Group has a 12 month low of $25.75 and a 12 month high of $38.42.

UBS Group (NYSE:UBS - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The bank reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.02. The firm had revenue of $11.55 billion for the quarter, compared to analysts' expectations of $9.77 billion. UBS Group had a return on equity of 7.17% and a net margin of 9.21%. During the same period in the prior year, the firm earned $0.34 EPS. On average, equities research analysts forecast that UBS Group will post 1.9 earnings per share for the current fiscal year.

UBS Group Company Profile

UBS Group AG provides financial advice and solutions to private, institutional, and corporate clients worldwide. It operates through five divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, Investment Bank, and Non-core and Legacy. The company offers investment advice, estate and wealth planning, investing, corporate and banking, and investment management, as well as mortgage, securities-based, and structured lending solutions.