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

NN Group (OTCMKTS:NNGPF) saw a significant decline in short interest in the month of May. As of May 31st, there was short interest totalling 298,300 shares, a decline of 22.1% from the May 15th total of 382,800 shares. Based on an average trading volume of 2,000 shares, the short-interest ratio is currently 149.2 days.

NN Group Price Performance

Shares of NN Group stock traded down $1.21 on Friday, hitting $43.81. The stock had a trading volume of 138 shares, compared to its average volume of 1,297. The business’s 50 day moving average is $46.79 and its two-hundred day moving average is $43.17. NN Group has a twelve month low of $31.00 and a twelve month high of $49.65.

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.