Short Interest in NN Group (OTCMKTS:NNGPF) Decreases By 23.8%

NN Group (OTCMKTS:NNGPF) was the recipient of a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 629,218 shares, a decline of 23.8% from the December 31st total of 825,936 shares. Based on an average daily trading volume, of 10,943 shares, the days-to-cover ratio is presently 57.5 days. Based on an average daily trading volume, of 10,943 shares, the days-to-cover ratio is presently 57.5 days.

NN Group Stock Performance

Shares of NNGPF opened at $80.71 on Tuesday. NN Group has a 1 year low of $44.94 and a 1 year high of $80.71. The business has a 50-day moving average of $75.68 and a 200-day moving average of $71.58.

NN Group Company Profile

NN Group N.V. is a Netherlands-based financial services company specializing in insurance and asset management. The company offers a broad range of life and non-life insurance products, pensions, annuities and investment solutions to individual and corporate clients. Through its subsidiary Nationale-Nederlanden, NN Group serves both retail and institutional customers, providing protection and wealth accumulation products designed to meet long-term financial needs.

With origins dating back to 1845, NN Group’s history includes the founding of “De Nederlanden van 1845,” subsequent mergers that formed Nationale-Nederlanden in 1963, and a period as part of ING Group from 1991 until a demerger in 2013.