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

Key Points

• Short interest in Knorr-Bremse - Unsponsored ADR (OTCMKTS:KNRRY) fell by 33.9% in July, with a total of only 3,900 shares sold short as of July 31.
• The stock price of Knorr-Bremse recently traded at $26.18, with a one-year performance range between $17.34 and $27.02.
• Analysts maintain a mixed outlook on Knorr-Bremse, with ratings including one Buy, one Hold, and one Sell, leading to an overall average rating of "Hold."

Knorr-Bremse - Unsponsored ADR (OTCMKTS:KNRRY - Get Free Report) was the recipient of a significant drop in short interest in July. As of July 31st, there was short interest totaling 3,900 shares, adropof33.9% from the July 15th total of 5,900 shares. Based on an average daily trading volume, of 9,700 shares, the short-interest ratio is presently 0.4 days. Currently,0.0% of the company's stock are sold short. Currently,0.0% of the company's stock are sold short. Based on an average daily trading volume, of 9,700 shares, the short-interest ratio is presently 0.4 days.

Knorr-Bremse Stock Up 2.3%

Knorr-Bremse stock traded up $0.60 during midday trading on Friday, hitting $26.62. 2,439 shares of the stock were exchanged, compared to its average volume of 6,650. Knorr-Bremse has a 52-week low of $17.3420 and a 52-week high of $27.02. The business's 50-day moving average price is $25.03 and its 200-day moving average price is $23.99.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Citigroup reaffirmed a "neutral" rating on shares of Knorr-Bremse in a research note on Tuesday, August 5th. Barclays reaffirmed an "underweight" rating on shares of Knorr-Bremse in a research note on Thursday, July 10th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold".

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.