Knorr-Bremse AG (OTCMKTS:KNRRY) Sees Significant Growth in Short Interest

Knorr-Bremse AG (OTCMKTS:KNRRY) saw a large increase in short interest in the month of August. As of August 15th, there was short interest totalling 9,700 shares, an increase of 193.9% from the July 31st total of 3,300 shares. Based on an average daily trading volume, of 33,800 shares, the short-interest ratio is currently 0.3 days.

Knorr-Bremse Stock Down 0.0 %

KNRRY traded down $0.01 on Thursday, hitting $20.31. The company’s stock had a trading volume of 1,798 shares, compared to its average volume of 74,286. The company’s 50 day simple moving average is $19.50 and its 200-day simple moving average is $18.87. Knorr-Bremse has a 12 month low of $13.62 and a 12 month high of $20.67.

About Knorr-Bremse

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.