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

NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) was the recipient of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 248,441 shares, an increase of 1,090.1% from the July 30th total of 20,875 shares. Based on an average daily trading volume, of 76,127 shares, the days-to-cover ratio is currently 3.3 days. Currently, 0.0% of the shares of the company are short sold.

NN Group Price Performance

Shares of OTCMKTS NNGRY opened at $45.19 on Thursday. The stock has a fifty day moving average price of $44.82 and a 200 day moving average price of $42.59. NN Group has a 1-year low of $33.16 and a 1-year high of $48.79. The company has a quick ratio of 137.28, a current ratio of 137.28 and a debt-to-equity ratio of 0.58.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised NN Group to a “hold” rating in a research note on Friday, August 14th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

About NN Group

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.