NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) Short Interest Up 674.3% in October

NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 27,100 shares, a growth of 674.3% from the September 30th total of 3,500 shares. Based on an average trading volume of 37,600 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 37,600 shares, the days-to-cover ratio is currently 0.7 days.

NN Group Stock Performance

NNGRY stock opened at $34.21 on Thursday. NN Group has a 52-week low of $20.97 and a 52-week high of $36.68. The company’s 50 day simple moving average is $34.56 and its 200-day simple moving average is $33.35.

Analyst Ratings Changes

A number of equities research analysts have weighed in on NNGRY shares. Kepler Capital Markets raised shares of NN Group from a “strong sell” rating to a “hold” rating in a report on Monday, August 11th. The Goldman Sachs Group raised shares of NN Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 2nd. Zacks Research raised shares of NN Group to a “hold” rating in a report on Tuesday, August 12th. Cfra Research raised shares of NN Group to a “moderate buy” rating in a report on Friday, August 8th. Finally, Morgan Stanley reissued an “underweight” rating on shares of NN Group in a report on Friday, July 11th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, NN Group presently has an average rating of “Hold”.

About NN Group

NN Group N.V., a financial services company, provides life and non-life insurance products in the Netherlands and internationally. The company operates through Netherlands Life, Netherlands Non-life, Insurance Europe, Japan Life, Banking, and Other segments. It offers Life insurance products, such as group and individual pension products, retail life insurance, and SME life insurance products; and non-life insurance products, including motor, fire, liability, transport, travel, health, property and casualty, and disability and accident insurance products.