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

Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 20,323 shares, an increase of 30.3% from the November 30th total of 15,595 shares. Based on an average trading volume of 9,737 shares, the days-to-cover ratio is presently 2.1 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 9,737 shares, the days-to-cover ratio is presently 2.1 days.

Analyst Ratings Changes

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

Knorr-Bremse Trading Up 0.4%

OTCMKTS KNRRY traded up $0.11 during mid-day trading on Tuesday, hitting $27.84. The company’s stock had a trading volume of 4,595 shares, compared to its average volume of 5,376. Knorr-Bremse has a 52-week low of $17.34 and a 52-week high of $28.01. The stock’s fifty day simple moving average is $25.26 and its two-hundred day simple moving average is $24.88.

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.