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

Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 17,429 shares, a growth of 471.6% from the September 15th total of 3,049 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 186,069 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. BNP Paribas Exane raised shares of Leonardo to an “outperform” rating in a research report on Thursday, September 10th. Jefferies Financial Group upgraded shares of Leonardo from a “hold” rating to a “buy” rating in a research note on Thursday, July 9th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Leonardo in a research note on Friday, August 14th. Royal Bank Of Canada assumed coverage on shares of Leonardo in a report on Tuesday, August 11th. They issued a “moderate buy” rating on the stock. Finally, Barclays reissued an “overweight” rating on shares of Leonardo in a research report on Friday, July 3rd. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy”.

Leonardo Price Performance

Shares of FINMY opened at $26.18 on Friday. The company has a quick ratio of 0.52, a current ratio of 0.90 and a debt-to-equity ratio of 0.16. The business’s 50 day moving average is $30.15 and its two-hundred day moving average is $30.59. Leonardo has a 52-week low of $25.59 and a 52-week high of $37.51.

About Leonardo

Leonardo S.p.A. is an Italian aerospace, defense and security company headquartered in Rome. The company develops and supplies helicopters, military and commercial aircraft, aerostructures, defense electronics, radar and communication systems, cybersecurity solutions, and integrated defense and security systems.

Leonardo serves governments, armed forces, civil aviation customers and industrial partners in Italy and international markets. Its activities extend across Europe, North America and other global regions, with products and services used in areas including air defense, battlefield management, secure communications, surveillance, transportation and critical-infrastructure protection.