Short Interest in Knorr-Bremse AG (OTCMKTS:KNRRY) Declines By 96.8%

Knorr-Bremse AG (OTCMKTS:KNRRY) was the target of a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 100 shares, a drop of 96.8% from the October 31st total of 3,100 shares. Based on an average daily trading volume, of 16,900 shares, the days-to-cover ratio is currently 0.0 days.

Knorr-Bremse Stock Performance

Knorr-Bremse stock traded up $0.12 on Wednesday, hitting $18.91. 8,521 shares of the stock traded hands, compared to its average volume of 56,039. The business’s fifty day simple moving average is $20.92 and its 200 day simple moving average is $20.10. Knorr-Bremse has a 1 year low of $14.67 and a 1 year high of $22.44.

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.