NN Group (OTCMKTS:NNGPF) Sees Significant Decrease in Short Interest

NN Group (OTCMKTS:NNGPF) saw a large decrease in short interest in January. As of January 30th, there was short interest totaling 549,057 shares, a decrease of 12.7% from the January 15th total of 629,218 shares. Based on an average trading volume of 787 shares, the days-to-cover ratio is currently 697.7 days. Based on an average trading volume of 787 shares, the days-to-cover ratio is currently 697.7 days.

NN Group Stock Down 0.2%

OTCMKTS NNGPF opened at $81.32 on Wednesday. NN Group has a 1 year low of $47.19 and a 1 year high of $84.63. The company has a fifty day simple moving average of $77.93 and a 200 day simple moving average of $72.65.

NN Group Company Profile

NN Group N.V. is a Netherlands-based financial services company specializing in insurance and asset management. The company offers a broad range of life and non-life insurance products, pensions, annuities and investment solutions to individual and corporate clients. Through its subsidiary Nationale-Nederlanden, NN Group serves both retail and institutional customers, providing protection and wealth accumulation products designed to meet long-term financial needs.

With origins dating back to 1845, NN Group’s history includes the founding of “De Nederlanden van 1845,” subsequent mergers that formed Nationale-Nederlanden in 1963, and a period as part of ING Group from 1991 until a demerger in 2013.