NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) Sees Large Decrease in Short Interest

NN Group NV Unsponsored ADR (OTCMKTS:NNGRYGet Free Report) saw a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 22,083 shares, a drop of 55.3% from the May 14th total of 49,392 shares. Based on an average trading volume of 81,894 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are sold short.

NN Group Price Performance

OTCMKTS:NNGRY traded down $0.07 on Friday, reaching $42.35. 34,282 shares of the stock traded hands, compared to its average volume of 102,059. The company has a quick ratio of 137.28, a current ratio of 137.28 and a debt-to-equity ratio of 0.58. NN Group has a 12 month low of $31.58 and a 12 month high of $45.12. The company’s fifty day simple moving average is $42.78 and its 200 day simple moving average is $40.10.

Analyst Ratings Changes

Separately, Zacks Research cut shares of NN Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold”.

Read Our Latest Report on NN Group

NN Group Company Profile

(Get Free Report)

NN Group N.V. (OTCMKTS:NNGRY) is a Dutch insurance and asset management company that provides a range of life and non-life insurance products, pension and retirement solutions, and investment management services. Its product offering typically includes individual and group life insurance, annuities, disability and health-related coverages, property & casualty insurance, and savings and retirement planning products aimed at both retail and corporate clients. The company also manages assets on behalf of its insurance operations and third-party institutional and individual investors.

NN Group traces its corporate structure to the Dutch insurer Nationale-Nederlanden and was established as a separate, publicly listed company following a demerger from ING Group in the mid-2010s.

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