Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) Sees Significant Growth in Short Interest

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

Analyst Ratings Changes

A number of research firms have weighed in on KNRRY. Morgan Stanley reissued an “overweight” rating on shares of Knorr-Bremse in a research report on Tuesday, June 23rd. Citigroup reaffirmed a “buy” rating on shares of Knorr-Bremse in a research note on Tuesday, July 7th. Five investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Knorr-Bremse Stock Performance

Shares of OTCMKTS:KNRRY traded down $0.37 during midday trading on Friday, reaching $30.78. The company’s stock had a trading volume of 5,966 shares, compared to its average volume of 14,734. Knorr-Bremse has a fifty-two week low of $22.62 and a fifty-two week high of $33.96. The firm has a 50 day moving average price of $29.58 and a two-hundred day moving average price of $29.77. The firm has a market capitalization of $19.85 billion and a price-to-earnings ratio of 29.04.

Knorr-Bremse Company Profile

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.