Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) Short Interest Down 81.4% in July

Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) was the recipient of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 10,679 shares, a drop of 81.4% from the July 15th total of 57,493 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 27,567 shares, the short-interest ratio is currently 0.4 days.

Knorr-Bremse Stock Performance

Shares of OTCMKTS KNRRY opened at $29.53 on Wednesday. The company’s 50 day moving average price is $29.45 and its 200-day moving average price is $29.79. Knorr-Bremse has a 52-week low of $22.62 and a 52-week high of $33.96. The company has a market capitalization of $19.04 billion and a P/E ratio of 27.86.

Analyst Ratings Changes

KNRRY has been the topic of several analyst reports. Citigroup reissued a “buy” rating on shares of Knorr-Bremse in a research note on Tuesday, July 7th. Morgan Stanley reaffirmed an “overweight” rating on shares of Knorr-Bremse in a report on Tuesday, June 23rd. Five research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Knorr-Bremse currently has a consensus rating of “Moderate Buy”.

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.