NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) Short Interest Up 1,044.2% in June

NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 54,143 shares, a growth of 1,044.2% from the June 15th total of 4,732 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 185,135 shares, the days-to-cover ratio is presently 0.3 days.

NN Group Stock Performance

NNGRY stock traded down $0.17 during midday trading on Friday, hitting $43.47. The company’s stock had a trading volume of 16,100 shares, compared to its average volume of 71,456. The stock’s 50-day moving average price is $43.17 and its 200 day moving average price is $41.01. The company has a quick ratio of 137.28, a current ratio of 137.28 and a debt-to-equity ratio of 0.58. NN Group has a 1 year low of $33.09 and a 1 year high of $45.12.

Analyst Upgrades and Downgrades

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 investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company 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.