Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) Short Interest Down 52.2% in January

Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) was the recipient of a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 6,708 shares, a drop of 52.2% from the December 31st total of 14,028 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 40,757 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 40,757 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. DZ Bank downgraded Knorr-Bremse from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. The Goldman Sachs Group upgraded Knorr-Bremse to a “strong-buy” rating in a research report on Friday, November 28th. Deutsche Bank Aktiengesellschaft upgraded shares of Knorr-Bremse from a “hold” rating to a “buy” rating in a research report on Monday, December 8th. UBS Group upgraded shares of Knorr-Bremse to a “strong-buy” rating in a report on Friday, October 31st. Finally, Barclays reissued an “underweight” rating on shares of Knorr-Bremse in a report on Wednesday, December 3rd. Three equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Knorr-Bremse currently has an average rating of “Moderate Buy”.

Knorr-Bremse Trading Up 1.5%

Knorr-Bremse stock opened at $29.58 on Thursday. The firm’s 50-day simple moving average is $27.52 and its 200 day simple moving average is $25.57. Knorr-Bremse has a 52 week low of $18.72 and a 52 week high of $29.66.

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.