NN Group (OTCMKTS:NNGRY - Get Free Report) saw a large decrease in short interest in May. As of May 15th, there was short interest totalling 30,700 shares, a decrease of 13.3% from the April 30th total of 35,400 shares. Based on an average daily volume of 51,900 shares, the short-interest ratio is currently 0.6 days. Approximately 0.0% of the company's stock are short sold.
NN Group Stock Performance
Shares of NNGRY stock traded up $0.02 on Friday, hitting $32.54. 14,939 shares of the stock traded hands, compared to its average volume of 34,496. NN Group has a 1-year low of $20.97 and a 1-year high of $32.58. The company's fifty day moving average is $29.75 and its 200 day moving average is $25.78.
NN Group Increases Dividend
The company also recently declared a dividend, which will be paid on Tuesday, June 10th. Investors of record on Wednesday, May 21st will be given a dividend of $0.9103 per share. This is a positive change from NN Group's previous dividend of $0.55. This represents a dividend yield of 4.72%. The ex-dividend date is Tuesday, May 20th.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on NNGRY. Keefe, Bruyette & Woods lowered NN Group from a "moderate buy" rating to a "hold" rating in a research report on Wednesday, May 14th. Citigroup reaffirmed a "neutral" rating on shares of NN Group in a research report on Wednesday, May 28th. Finally, BNP Paribas lowered NN Group from a "strong-buy" rating to a "hold" rating in a research report on Friday, May 23rd.
View Our Latest Report on NNGRY
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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