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

Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) was the target of a significant increase in short interest during 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 company’s stock are sold short. Based on an average trading volume of 26,956 shares, the days-to-cover ratio is currently 1.0 days.

Knorr-Bremse Stock Performance

Shares of KNRRY stock opened at $31.08 on Friday. The firm’s 50-day moving average is $29.56 and its 200-day moving average is $29.76. The stock has a market cap of $20.04 billion and a price-to-earnings ratio of 29.32. Knorr-Bremse has a 52-week low of $22.62 and a 52-week high of $33.96.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Citigroup restated a “buy” rating on shares of Knorr-Bremse in a research note on Tuesday, July 7th. Morgan Stanley reiterated an “overweight” rating on shares of Knorr-Bremse in a research note on Tuesday, June 23rd. 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 company. According to data from MarketBeat, the company 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.