Short Interest in Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) Declines By 31.0%

Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) was the target of a large decline in short interest in December. As of December 31st, there was short interest totaling 14,028 shares, a decline of 31.0% from the December 15th total of 20,323 shares. Based on an average daily trading volume, of 11,836 shares, the short-interest ratio is presently 1.2 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 11,836 shares, the short-interest ratio is presently 1.2 days.

Knorr-Bremse Trading Up 0.5%

Shares of KNRRY traded up $0.15 during mid-day trading on Friday, reaching $29.14. The company’s stock had a trading volume of 4,764 shares, compared to its average volume of 12,580. Knorr-Bremse has a 52 week low of $17.87 and a 52 week high of $29.41. The company’s fifty day moving average price is $26.77 and its two-hundred day moving average price is $25.31.

Analyst Ratings Changes

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