NN Group (OTCMKTS:NNGRY) Sees Significant Growth in Short Interest

NN Group (OTCMKTS:NNGRY) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 17,600 shares, a growth of 8,700.0% from the September 30th total of 200 shares. Based on an average daily volume of 22,300 shares, the days-to-cover ratio is currently 0.8 days.

NN Group Stock Performance

NNGRY traded down $0.03 during trading hours on Friday, hitting $24.87. 14,470 shares of the stock were exchanged, compared to its average volume of 34,508. The stock has a 50-day simple moving average of $24.69 and a 200-day simple moving average of $24.08. NN Group has a 12 month low of $15.62 and a 12 month high of $25.49.

NN Group Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, September 11th. Investors of record on Monday, August 26th were paid a dividend of $0.5461 per share. The ex-dividend date was Monday, August 26th.

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.