Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) Sees Significant Increase in Short Interest

Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMYGet Free Report) saw a large growth in short interest in March. As of March 13th, there was short interest totaling 96,857 shares, a growth of 645.1% from the February 26th total of 12,999 shares. Based on an average daily volume of 184,346 shares, the short-interest ratio is currently 0.5 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 184,346 shares, the short-interest ratio is currently 0.5 days.

Wall Street Analyst Weigh In

FINMY has been the subject of several analyst reports. Barclays upgraded shares of Leonardo from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 9th. Deutsche Bank Aktiengesellschaft cut Leonardo from a “buy” rating to a “hold” rating in a research note on Tuesday, January 13th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Leonardo in a report on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Research Report on FINMY

Leonardo Price Performance

FINMY stock traded down $0.83 during trading on Tuesday, reaching $33.58. The company had a trading volume of 82,459 shares, compared to its average volume of 91,162. The business has a 50 day moving average of $34.07 and a 200 day moving average of $31.06. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.97 and a quick ratio of 0.59. Leonardo has a 52 week low of $20.97 and a 52 week high of $37.51.

Leonardo Company Profile

(Get Free Report)

Leonardo S.p.A. is an Italy-based global aerospace, defence and security company that designs, manufactures and supports a broad range of products and systems for military, government and commercial customers. Its core activities span helicopters and fixed-wing aircraft, avionics and mission systems, air and naval defence electronics (including radars and sensors), cybersecurity and secure communications, as well as space systems and services. The company also provides systems integration, mission support, maintenance, repair and overhaul (MRO) and training services across its product lines.

The business traces its modern identity to the former Finmeccanica group and was rebranded as Leonardo in 2017, reflecting a strategic emphasis on technology, research and innovation.

Further Reading

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