NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) Short Interest Update

NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) was the target of a large drop in short interest in September. As of September 15th, there was short interest totaling 20,340 shares, a drop of 44.6% from the August 31st total of 36,741 shares. Based on an average daily volume of 46,588 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on NNGRY. Citigroup reaffirmed a “neutral” rating on shares of NN Group in a report on Tuesday, September 1st. Zacks Research upgraded shares of NN Group to a “hold” rating in a research report on Friday, August 14th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy”.

NN Group Stock Down 2.7%

OTCMKTS:NNGRY traded down $1.17 during mid-day trading on Thursday, reaching $42.93. 4,913 shares of the stock were exchanged, compared to its average volume of 67,608. NN Group has a 1 year low of $33.83 and a 1 year high of $48.79. The company has a 50 day simple moving average of $45.67 and a 200-day simple moving average of $43.53. 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 Company Profile

NN Group N.V. is a Netherlands-based financial services company headquartered in The Hague. Through its subsidiaries, the group provides insurance, retirement, pensions, banking and investment-related products and services to individuals, businesses and institutional customers.

Its insurance activities include life insurance, pensions, income protection, health and property and casualty insurance. In the Netherlands, NN Group also offers banking products such as mortgages, savings and consumer loans.