NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) Stock Short Interest Falls 51.9%

NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) was the recipient of a significant decrease in short interest during the month of October. As of October 30th, there was short interest totaling 17,689 shares, a decrease of 51.9% from the October 15th total of 36,780 shares. Based on an average daily volume of 86,103 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

NNGRY has been the subject of a number of analyst reports. Citigroup restated a “neutral” rating on shares of NN Group in a research note on Tuesday, September 1st. Zacks Research upgraded shares of NN Group to a “hold” rating in a research note on Friday, August 14th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold”.

NN Group Trading Up 0.1%

NN Group stock traded up $0.02 during midday trading on Friday, reaching $44.85. 37,627 shares of the company’s stock were exchanged, compared to its average volume of 42,388. NN Group has a 52 week low of $34.50 and a 52 week high of $48.79. The stock’s 50-day simple moving average is $44.14 and its 200 day simple moving average is $42.97.

About NN Group

NN Group is a Dutch financial services company focused on insurance and retirement products. Its offerings include life and non-life insurance, pensions, employee benefits, and banking services, primarily for individuals, families, and businesses. Headquartered in The Hague, the company serves customers in the Netherlands and other European markets, as well as Japan. Its businesses operate under brands including Nationale-Nederlanden and NN. NN Group was established in 2014 when ING Group separated its insurance and investment management businesses.