NN Group (OTCMKTS:NNGRY - Get Free Report) saw a significant decline in short interest in May. As of May 31st, there was short interest totalling 1,700 shares, a decline of 94.5% from the May 15th total of 30,700 shares. Based on an average daily volume of 67,400 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.
NN Group Trading Down 1.1%
Shares of NNGRY traded down $0.36 on Friday, reaching $31.75. 14,335 shares of the company's stock were exchanged, compared to its average volume of 33,758. The business has a 50 day moving average price of $30.32 and a two-hundred day moving average price of $26.09. NN Group has a 12 month low of $20.97 and a 12 month high of $32.62.
NN Group Increases Dividend
The business also recently declared a dividend, which was paid on Tuesday, June 10th. Stockholders of record on Wednesday, May 21st were paid a $0.9103 dividend. The ex-dividend date of this dividend was Tuesday, May 20th. This represents a dividend yield of 4.72%. This is an increase from NN Group's previous dividend of $0.55.
Analysts Set New Price Targets
NNGRY has been the topic of a number of recent research reports. Citigroup reiterated a "neutral" rating on shares of NN Group in a research report on Wednesday, May 28th. BNP Paribas cut NN Group from a "strong-buy" rating to a "hold" rating in a report on Friday, May 23rd. Finally, Keefe, Bruyette & Woods cut NN Group from a "moderate buy" rating to a "hold" rating in a report on Wednesday, May 14th.
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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