Short Interest in Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) Decreases By 52.2%

Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) saw a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 6,708 shares, a decrease of 52.2% from the December 31st total of 14,028 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 40,757 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 40,757 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Knorr-Bremse Price Performance

OTCMKTS:KNRRY opened at $29.58 on Friday. Knorr-Bremse has a 12-month low of $19.28 and a 12-month high of $29.77. The stock’s 50 day simple moving average is $27.64 and its 200-day simple moving average is $25.60.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on KNRRY. Morgan Stanley upgraded Knorr-Bremse from an “equal weight” rating to an “overweight” rating in a research report on Monday, December 8th. DZ Bank lowered Knorr-Bremse from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. Barclays reiterated an “underweight” rating on shares of Knorr-Bremse in a research note on Wednesday, December 3rd. Zacks Research raised shares of Knorr-Bremse from a “hold” rating to a “strong-buy” rating in a report on Monday, January 5th. Finally, The Goldman Sachs Group upgraded shares of Knorr-Bremse to a “strong-buy” rating in a research note on Friday, November 28th. Three investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Knorr-Bremse currently has an average rating of “Moderate Buy”.

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.