Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) Short Interest Update

Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) was the target of a large increase in short interest in 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. Based on an average trading volume of 26,956 shares, the short-interest ratio is currently 1.0 days. Currently, 0.0% of the shares of the company are short sold.

Knorr-Bremse Stock Down 0.2%

Shares of Knorr-Bremse stock opened at $31.08 on Friday. Knorr-Bremse has a twelve month low of $22.62 and a twelve month high of $33.96. The company has a 50-day simple moving average of $29.56 and a two-hundred day simple moving average of $29.76. The stock has a market capitalization of $20.04 billion and a price-to-earnings ratio of 29.32.

Analysts Set New Price Targets

Several research firms have commented on KNRRY. Citigroup reiterated a “buy” rating on shares of Knorr-Bremse in a report on Tuesday, July 7th. Morgan Stanley restated 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 given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Knorr-Bremse presently has a consensus rating of “Moderate Buy”.

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.