NN Group (OTCMKTS:NNGPF) Sees Significant Decrease in Short Interest

NN Group (OTCMKTS:NNGPF) was the target of a significant decline in short interest in February. As of February 27th, there was short interest totaling 549,199 shares, a decline of 16.4% from the February 12th total of 657,171 shares. Based on an average trading volume of 726 shares, the short-interest ratio is presently 756.5 days. Based on an average trading volume of 726 shares, the short-interest ratio is presently 756.5 days.

NN Group Stock Performance

NN Group stock remained flat at $75.40 during midday trading on Monday. The company’s stock had a trading volume of 87 shares, compared to its average volume of 548. NN Group has a 12 month low of $49.50 and a 12 month high of $84.63. The company’s fifty day simple moving average is $79.33 and its 200 day simple moving average is $73.84.

NN Group Company Profile

NN Group N.V. is a Netherlands-based financial services company specializing in insurance and asset management. The company offers a broad range of life and non-life insurance products, pensions, annuities and investment solutions to individual and corporate clients. Through its subsidiary Nationale-Nederlanden, NN Group serves both retail and institutional customers, providing protection and wealth accumulation products designed to meet long-term financial needs.

With origins dating back to 1845, NN Group’s history includes the founding of “De Nederlanden van 1845,” subsequent mergers that formed Nationale-Nederlanden in 1963, and a period as part of ING Group from 1991 until a demerger in 2013.