NN Group (OTCMKTS:NNGRY) Sees Large Increase in Short Interest

NN Group (OTCMKTS:NNGRY) was the recipient of a large increase in short interest in February. As of February 15th, there was short interest totalling 25,500 shares, an increase of 264.3% from the January 31st total of 7,000 shares. Based on an average daily trading volume, of 43,800 shares, the days-to-cover ratio is currently 0.6 days.

NN Group Stock Performance

Shares of NN Group stock traded down $0.26 on Friday, hitting $25.26. 12,326 shares of the company traded hands, compared to its average volume of 28,664. The firm’s 50-day simple moving average is $22.64 and its 200 day simple moving average is $23.62. NN Group has a 12-month low of $20.50 and a 12-month high of $25.66.

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.