NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) Short Interest Down 85.2% in August

NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 36,741 shares, a decrease of 85.2% from the August 15th total of 248,441 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 120,593 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Zacks Research raised NN Group to a “hold” rating in a report on Friday, August 14th. Citigroup reaffirmed a “neutral” rating on shares of NN Group in a research note on Tuesday, September 1st. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

NN Group Stock Performance

NN Group stock traded up $0.81 during trading on Friday, hitting $45.33. The company’s stock had a trading volume of 9,273 shares, compared to its average volume of 70,788. NN Group has a 1-year low of $33.78 and a 1-year high of $48.79. The company has a debt-to-equity ratio of 0.58, a quick ratio of 137.28 and a current ratio of 137.28. The stock’s fifty day moving average is $45.29 and its 200 day moving average is $42.95.

NN Group Company Profile

NN Group N.V. is a Dutch financial services company headquartered in The Hague, Netherlands. The company provides insurance, pensions and banking products to individuals, businesses and institutional customers, with its primary operations focused on the Netherlands and selected European markets.

Its activities include life and non-life insurance, income protection, retirement and pension services, mortgages, savings and other banking products. NN Group also offers investment and asset-management services through its related businesses, serving both retail and institutional clients.

NN Group was established in 2014 following the separation of ING Group’s insurance and investment-management businesses.