NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) Short Interest Down 78.6% in June

NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) was the target of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 4,732 shares, a decline of 78.6% from the May 31st total of 22,083 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 267,807 shares, the short-interest ratio is currently 0.0 days.

Analysts Set New Price Targets

Separately, Zacks Research downgraded NN Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold”.

NN Group Stock Up 0.1%

Shares of NNGRY traded up $0.06 during trading hours on Friday, hitting $43.44. The stock had a trading volume of 71,944 shares, compared to its average volume of 119,524. The firm has a 50 day simple moving average of $43.07 and a 200-day simple moving average of $40.58. NN Group has a 1-year low of $32.59 and a 1-year high of $45.12. The company has a debt-to-equity ratio of 0.58, a quick ratio of 137.28 and a current ratio of 137.28.

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.