NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) Short Interest Down 33.0% in July

NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) saw a large drop in short interest in July. As of July 15th, there was short interest totaling 36,289 shares, a drop of 33.0% from the June 30th total of 54,143 shares. Based on an average daily volume of 68,380 shares, the short-interest ratio is currently 0.5 days. Currently, 0.0% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

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

NN Group Price Performance

Shares of OTCMKTS NNGRY opened at $47.09 on Friday. The stock’s fifty day simple moving average is $43.50 and its 200 day simple moving average is $41.70. 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 has a 52-week low of $33.16 and a 52-week high of $47.15.

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.