Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) Short Interest Up 244.3% in February

Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) saw a significant increase in short interest in February. As of February 13th, there was short interest totaling 24,018 shares, an increase of 244.3% from the January 29th total of 6,976 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 15,763 shares, the days-to-cover ratio is presently 1.5 days. Based on an average daily volume of 15,763 shares, the days-to-cover ratio is presently 1.5 days. Approximately 0.0% of the company’s shares are short sold.

Knorr-Bremse Trading Down 2.6%

Shares of KNRRY traded down $0.89 during midday trading on Thursday, hitting $32.82. The company’s stock had a trading volume of 266 shares, compared to its average volume of 11,651. Knorr-Bremse has a one year low of $19.82 and a one year high of $33.96. The company’s fifty day simple moving average is $29.69 and its two-hundred day simple moving average is $26.46.

Analyst Ratings Changes

A number of brokerages have recently commented on KNRRY. Morgan Stanley raised shares of Knorr-Bremse from an “equal weight” rating to an “overweight” rating in a research report on Monday, December 8th. Zacks Research cut Knorr-Bremse from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 3rd. Citigroup reissued a “neutral” rating on shares of Knorr-Bremse in a report on Wednesday. UBS Group restated a “buy” rating on shares of Knorr-Bremse in a research note on Monday. Finally, DZ Bank downgraded Knorr-Bremse from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 27th. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

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.