Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) Sees Significant Increase in Short Interest

Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 57,493 shares, an increase of 413.1% from the June 30th total of 11,204 shares. Based on an average daily volume of 78,912 shares, the short-interest ratio is presently 0.7 days. Approximately 0.0% of the company’s shares are sold short.

Wall Street Analyst Weigh In

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

Knorr-Bremse Price Performance

Shares of KNRRY opened at $30.19 on Friday. The company has a market capitalization of $19.47 billion and a price-to-earnings ratio of 30.49. Knorr-Bremse has a fifty-two week low of $22.62 and a fifty-two week high of $33.96. The business’s 50-day moving average is $29.30 and its 200-day moving average is $29.68.

Knorr-Bremse (OTCMKTS:KNRRY) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.01). The company had revenue of $2.28 billion during the quarter, compared to analysts’ expectations of $2.30 billion. Knorr-Bremse had a return on equity of 17.17% and a net margin of 7.08%. Equities research analysts expect that Knorr-Bremse will post 1.63 earnings per share for the current fiscal year.

Knorr-Bremse Company Profile

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.