NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) Short Interest Update

NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 54,143 shares, a growth of 1,044.2% from the June 15th total of 4,732 shares. Based on an average daily volume of 185,135 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut shares of NN Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, NN Group presently has a consensus rating of “Hold”.

NN Group Stock Performance

Shares of NNGRY traded down $0.17 during trading hours on Friday, reaching $43.47. 16,100 shares of the company traded hands, compared to its average volume of 71,456. The stock has a fifty day simple moving average of $43.17 and a 200 day simple moving average of $41.01. NN Group has a fifty-two week low of $33.09 and a fifty-two week high of $45.12. 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 Company Profile

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.