Short Interest in NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) Drops By 55.3%

NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) was the recipient of a large decrease in short interest in May. As of May 29th, there was short interest totaling 22,083 shares, a decrease of 55.3% from the May 14th total of 49,392 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 81,894 shares, the short-interest ratio is currently 0.3 days.

Analyst Ratings Changes

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

NN Group Trading Down 0.2%

NN Group stock traded down $0.07 during trading hours on Friday, hitting $42.35. The stock had a trading volume of 34,282 shares, compared to its average volume of 101,253. The company has a 50-day moving average of $42.78 and a two-hundred day moving average of $40.13. The company has a current ratio of 137.28, a quick ratio of 137.28 and a debt-to-equity ratio of 0.58. NN Group has a fifty-two week low of $31.58 and a fifty-two week high of $45.12.

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.