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

NN Group NV Unsponsored ADR (OTCMKTS:NNGRY – Get Free Report) was the target of a large decline in short interest in September. As of September 15th, there was short interest totaling 20,340 shares, a decline of 44.6% from the August 31st total of 36,741 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 46,588 shares, the days-to-cover ratio is currently 0.4 days.

NN Group Stock Performance

Shares of OTCMKTS NNGRY traded down $0.76 during trading on Wednesday, hitting $44.20. The stock had a trading volume of 14,475 shares, compared to its average volume of 67,881. The firm has a fifty day moving average of $45.70 and a two-hundred day moving average of $43.49. The company has a debt-to-equity ratio of 0.58, a quick ratio of 137.28 and a current ratio of 137.28. NN Group has a 12 month low of $33.83 and a 12 month high of $48.79.

Analyst Ratings Changes

A number of research firms have weighed in on NNGRY. Zacks Research raised shares of NN Group to a “hold” rating in a research note on Friday, August 14th. Citigroup reissued a “neutral” rating on shares of NN Group in a research report on Tuesday, September 1st. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, NN Group presently has an average rating of “Moderate Buy”.

Read Our Latest Stock Report on NNGRY

About NN Group

(Get Free Report)

NN Group N.V. is a Netherlands-based financial services company headquartered in The Hague. Through its subsidiaries, the group provides insurance, retirement, pensions, banking and investment-related products and services to individuals, businesses and institutional customers.

Its insurance activities include life insurance, pensions, income protection, health and property and casualty insurance. In the Netherlands, NN Group also offers banking products such as mortgages, savings and consumer loans.

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