Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) Sees Large Increase in Short Interest

Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) was the recipient of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 26,714 shares, an increase of 150.2% from the July 30th total of 10,679 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 26,956 shares, the short-interest ratio is presently 1.0 days.

Analyst Ratings Changes

Several brokerages have issued reports on KNRRY. Morgan Stanley reiterated an “overweight” rating on shares of Knorr-Bremse in a research report on Tuesday, June 23rd. Citigroup restated a “buy” rating on shares of Knorr-Bremse in a research note on Tuesday, July 7th. Five research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Knorr-Bremse Stock Performance

KNRRY opened at $30.78 on Friday. The firm’s fifty day moving average is $29.58 and its two-hundred day moving average is $29.77. The firm has a market cap of $19.85 billion and a PE ratio of 29.04. Knorr-Bremse has a twelve month low of $22.62 and a twelve month high of $33.96.

About Knorr-Bremse

Knorr-Bremse AG is a Munich-based engineering company that specializes in braking systems and other critical subsystems for rail and commercial vehicles. Founded in 1905 by Georg Knorr, the firm has grown into a global leader in rail technology and commercial vehicle solutions. Its expertise spans safety-related systems designed to optimize performance, energy efficiency, and passenger comfort across a broad range of transport applications.

The company’s operations are organized into two primary business segments: Railway Systems and Commercial Vehicle Systems.