Ing Group N.V. (NYSE:ING) Sellers Covered 55.29% of Their Shorts

ING Groep N.V. (NYSE:ING) Logo

The stock of Ing Group N.V. (NYSE:ING) registered a decrease of 55.29% in short interest. ING’s total short interest was 1.27 million shares in September as published by FINRA. Its down 55.29% from 2.84 million shares, reported previously. With 3.16M shares average volume, it will take short sellers 0 days to cover their ING’s short positions.

The stock increased 2.00% or $0.21 during the last trading session, reaching $10.85. About 5.10 million shares traded or 46.13% up from the average. ING Groep N.V. (NYSE:ING) has declined 27.21% since September 13, 2018 and is downtrending. It has underperformed by 27.21% the S&P500.

ING Groep N.V., a financial institution, provides various banking services and products to individuals, small and medium-sized enterprises, and mid-corporates. The company has market cap of $41.86 billion. The firm operates through Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, and Wholesale Banking divisions. It has a 8.17 P/E ratio. It accepts various deposits, such as current and savings accounts; and offers business lending, consumer lending, and lease products.

More notable recent ING Groep N.V. (NYSE:ING) news were published by: Seekingalpha.com which released: “ING slides 3.9% after Q2 NII disappoints – Seeking Alpha” on August 01, 2019, also Seekingalpha.com with their article: “ING: Steady And Underappreciated, Or Boring And Underwhelming? – Seeking Alpha” published on May 06, 2019, Fool.com published: “Why These Bank Stocks Got Clobbered in August – Motley Fool” on September 11, 2019. More interesting news about ING Groep N.V. (NYSE:ING) were released by: Seekingalpha.com and their article: “ING: Buying Commerzbank Now Makes Overwhelming Sense – Seeking Alpha” published on June 12, 2019 as well as Seekingalpha.com‘s news article titled: “ING – Time To Exit This High Yielding Dutch Bank – Seeking Alpha” with publication date: May 06, 2019.

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