Knorr-Bremse AG (OTCMKTS:KNRRY) Sees Large Growth in Short Interest

Knorr-Bremse AG (OTCMKTS:KNRRY) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totalling 3,300 shares, an increase of 3,200.0% from the July 15th total of 100 shares. Based on an average trading volume of 13,400 shares, the short-interest ratio is currently 0.2 days.

Knorr-Bremse Trading Down 0.7 %

Shares of OTCMKTS KNRRY traded down $0.14 during mid-day trading on Monday, hitting $19.04. 12,200 shares of the stock traded hands, compared to its average volume of 80,442. The firm has a 50 day simple moving average of $19.30 and a two-hundred day simple moving average of $18.47. Knorr-Bremse has a twelve month low of $13.62 and a twelve month high of $20.42.

Knorr-Bremse Company Profile

Knorr-Bremse AG, together with its subsidiaries, engages in the development, production, marketing, and servicing of braking and other systems for rail and commercial vehicles worldwide. The company operates in two segments, Rail Vehicle Systems and Commercial Vehicle Systems. The Rail Vehicle Systems segment offers braking systems, entrance and HVAC systems, sanitary systems, coupling systems, digital solutions, smart services for optimizing rail traffic, power electrics, rail computing and communication (RCC)/TCMS, signaling systems, stationary and mobile testing equipment, windshield wiper and wash systems, and extensive aftermarket solutions.