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

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

NN Group Trading Up 1.9%

NNGRY stock opened at $46.99 on Friday. NN Group has a 52 week low of $33.16 and a 52 week high of $46.99. The business has a 50-day simple moving average of $43.44 and a 200 day simple moving average of $41.66. The company has a quick ratio of 137.28, a current ratio of 137.28 and a debt-to-equity ratio of 0.58.

Analysts Set New Price Targets

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

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.