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

Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) was the target of a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 6,708 shares, a decline of 52.2% from the December 31st total of 14,028 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 40,757 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 40,757 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Knorr-Bremse Stock Performance

Knorr-Bremse stock opened at $29.58 on Thursday. The business has a 50 day simple moving average of $27.52 and a 200-day simple moving average of $25.57. Knorr-Bremse has a 12 month low of $18.72 and a 12 month high of $29.66.

Analyst Ratings Changes

Several brokerages recently commented on KNRRY. UBS Group upgraded shares of Knorr-Bremse to a “strong-buy” rating in a research note on Friday, October 31st. Deutsche Bank Aktiengesellschaft raised Knorr-Bremse from a “hold” rating to a “buy” rating in a research report on Monday, December 8th. Zacks Research raised Knorr-Bremse from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 5th. The Goldman Sachs Group upgraded shares of Knorr-Bremse to a “strong-buy” rating in a research report on Friday, November 28th. Finally, Morgan Stanley upgraded shares of Knorr-Bremse from an “equal weight” rating to an “overweight” rating in a research report on Monday, December 8th. Three research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus 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.