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 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. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 15,763 shares, the days-to-cover ratio is currently 1.5 days. Based on an average trading volume of 15,763 shares, the days-to-cover ratio is currently 1.5 days. Currently, 0.0% of the shares of the company are short sold.

Knorr-Bremse Price Performance

OTCMKTS:KNRRY traded down $0.13 during trading hours on Friday, hitting $32.78. 16,740 shares of the company’s stock traded hands, compared to its average volume of 8,435. The business’s fifty day simple moving average is $29.90 and its two-hundred day simple moving average is $26.55. Knorr-Bremse has a 52 week low of $19.82 and a 52 week high of $33.96.

Analysts Set New Price Targets

A number of research firms recently commented on KNRRY. Citigroup reaffirmed a “neutral” rating on shares of Knorr-Bremse in a report on Wednesday. Deutsche Bank Aktiengesellschaft upgraded Knorr-Bremse from a “hold” rating to a “buy” rating in a research note on Monday, December 8th. The Goldman Sachs Group reiterated a “buy” rating on shares of Knorr-Bremse in a research note on Wednesday. UBS Group restated a “buy” rating on shares of Knorr-Bremse in a research note on Monday. Finally, Barclays reaffirmed an “underweight” rating on shares of Knorr-Bremse in a report on Wednesday, December 3rd. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Knorr-Bremse currently 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.