Knorr-Bremse AG (OTCMKTS:KNRRY) Short Interest Update

Knorr-Bremse AG (OTCMKTS:KNRRY) was the recipient of a significant decrease in short interest in April. As of April 15th, there was short interest totalling 7,500 shares, a decrease of 34.8% from the March 31st total of 11,500 shares. Based on an average daily trading volume, of 135,700 shares, the days-to-cover ratio is currently 0.1 days.

Knorr-Bremse Stock Up 3.5 %

Shares of KNRRY opened at $24.82 on Wednesday. The firm’s 50 day simple moving average is $23.06 and its 200 day simple moving average is $20.66. Knorr-Bremse has a 1-year low of $17.34 and a 1-year high of $26.30.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group raised shares of Knorr-Bremse to a “buy” rating in a report on Monday, February 3rd.

Knorr-Bremse Company Profile

Knorr-Bremse AG, together with its subsidiaries, engages in the development, production, marketing, and servicing of braking and other systems for rail and commercial vehicles worldwide. The company operates in two segments, Rail Vehicle Systems and Commercial Vehicle Systems. The Rail Vehicle Systems segment offers braking systems, entrance and HVAC systems, sanitary systems, coupling systems, digital solutions, smart services for optimizing rail traffic, power electrics, rail computing and communication (RCC)/TCMS, signaling systems, stationary and mobile testing equipment, windshield wiper and wash systems, and extensive aftermarket solutions.