Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) Short Interest Up 124.9% in May

Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totaling 7,826 shares, an increase of 124.9% from the April 30th total of 3,479 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 35,087 shares, the days-to-cover ratio is currently 0.2 days.

Knorr-Bremse Stock Performance

Shares of OTCMKTS KNRRY traded down $0.70 during trading on Monday, hitting $29.42. The stock had a trading volume of 11,328 shares, compared to its average volume of 14,639. Knorr-Bremse has a 12 month low of $22.62 and a 12 month high of $33.96. The firm has a fifty day moving average of $29.43 and a two-hundred day moving average of $28.91.

Knorr-Bremse (OTCMKTS:KNRRY) last posted its earnings results on Thursday, May 7th. The company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.01). The firm had revenue of $2.28 billion for the quarter, compared to analysts’ expectations of $2.30 billion. As a group, equities research analysts predict that Knorr-Bremse will post 1.13 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on KNRRY shares. UBS Group reissued a “buy” rating on shares of Knorr-Bremse in a research note on Monday, February 23rd. The Goldman Sachs Group reissued a “buy” rating on shares of Knorr-Bremse in a research note on Wednesday, February 25th. Zacks Research lowered shares of Knorr-Bremse from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 3rd. Finally, Citigroup raised shares of Knorr-Bremse from a “neutral” rating to a “buy” rating in a research note on Tuesday, May 19th. Five research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, 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.