Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY – Get Free Report) was the target of a large drop in short interest in July. As of July 31st, there was short interest totaling 10,679 shares, a drop of 81.4% from the July 15th total of 57,493 shares. Based on an average trading volume of 27,567 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are sold short.
Analyst Upgrades and Downgrades
Several analysts have recently issued reports on the stock. Citigroup reiterated a “buy” rating on shares of Knorr-Bremse in a research note on Tuesday, July 7th. Morgan Stanley reissued an “overweight” rating on shares of Knorr-Bremse in a research report on Tuesday, June 23rd. Five research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.
Get Our Latest Research Report on Knorr-Bremse
Knorr-Bremse Stock Up 0.3%
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.
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