Knorr-Bremse AG (OTCMKTS:KNRRY) Short Interest Up 100.0% in May

Knorr-Bremse AG (OTCMKTS:KNRRY) saw a significant increase in short interest during the month of May. As of May 31st, there was short interest totalling 200 shares, an increase of 100.0% from the May 15th total of 100 shares. Based on an average daily volume of 169,600 shares, the short-interest ratio is presently 0.0 days.

Knorr-Bremse Stock Performance

Shares of OTCMKTS:KNRRY traded down $1.01 during midday trading on Friday, hitting $18.76. 16,836 shares of the stock were exchanged, compared to its average volume of 97,624. The business’s 50-day moving average price is $19.13 and its 200 day moving average price is $17.47. Knorr-Bremse has a 12 month low of $13.62 and a 12 month high of $20.42.

Knorr-Bremse Dividend Announcement

The company also recently declared a dividend, which was paid on Monday, May 20th. Stockholders of record on Friday, May 3rd were issued a dividend of $0.2589 per share. The ex-dividend date was Thursday, May 2nd.

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.