NN Group (OTCMKTS:NNGRY - Get Free Report) was the recipient of a significant decline in short interest in May. As of May 15th, there was short interest totalling 30,700 shares, a decline of 13.3% from the April 30th total of 35,400 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily volume of 51,900 shares, the short-interest ratio is presently 0.6 days.
Analysts Set New Price Targets
A number of research firms recently weighed in on NNGRY. BNP Paribas lowered shares of NN Group from a "strong-buy" rating to a "hold" rating in a research report on Friday, May 23rd. Keefe, Bruyette & Woods cut NN Group from a "moderate buy" rating to a "hold" rating in a report on Wednesday, May 14th. Finally, Citigroup reaffirmed a "neutral" rating on shares of NN Group in a research report on Wednesday, May 28th.
Get Our Latest Stock Analysis on NN Group
NN Group Trading Up 0.9%
NN Group stock traded up $0.30 during mid-day trading on Friday, hitting $32.54. The company's stock had a trading volume of 19,078 shares, compared to its average volume of 34,614. The stock's fifty day moving average price is $29.65 and its two-hundred day moving average price is $25.70. NN Group has a twelve month low of $20.97 and a twelve month high of $32.58.
NN Group Increases Dividend
The company also recently announced a dividend, which will be paid on Tuesday, June 10th. Investors of record on Wednesday, May 21st will be given a $0.9103 dividend. This is a boost from NN Group's previous dividend of $0.55. This represents a yield of 4.72%. The ex-dividend date is Tuesday, May 20th.
About NN Group
(
Get Free Report)
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.
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