NN Group (OTCMKTS:NNGPF) Sees Large Drop in Short Interest

NN Group (OTCMKTS:NNGPF) was the target of a large decline in short interest in August. As of August 31st, there was short interest totalling 675,000 shares, a decline of 21.5% from the August 15th total of 860,400 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is currently 1,687.5 days.

NN Group Stock Performance

NNGPF opened at $49.41 on Monday. NN Group has a 1-year low of $31.00 and a 1-year high of $50.15. The company’s fifty day moving average price is $48.66 and its two-hundred day moving average price is $46.95.

NN Group Company Profile

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.