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

Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 7,826 shares, a growth of 124.9% from the April 30th total of 3,479 shares. Based on an average daily volume of 35,087 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

Knorr-Bremse Stock Up 1.1%

Knorr-Bremse stock traded up $0.33 during trading hours on Friday, hitting $30.12. The stock had a trading volume of 16,822 shares, compared to its average volume of 14,085. Knorr-Bremse has a 1-year low of $22.62 and a 1-year high of $33.96. The stock’s fifty day moving average is $29.40 and its two-hundred day moving average is $28.83.

Knorr-Bremse (OTCMKTS:KNRRY) last posted its earnings results on Thursday, May 7th. The company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.01). The business had revenue of $2.28 billion during the quarter, compared to the consensus estimate of $2.30 billion. Analysts predict that Knorr-Bremse will post 1.13 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on KNRRY shares. The Goldman Sachs Group restated a “buy” rating on shares of Knorr-Bremse in a research note on Wednesday, February 25th. Citigroup raised Knorr-Bremse from a “neutral” rating to a “buy” rating in a report on Tuesday, May 19th. UBS Group reaffirmed a “buy” rating on shares of Knorr-Bremse in a report on Monday, February 23rd. Finally, Zacks Research lowered Knorr-Bremse from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 3rd. Five investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average 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.