Short Interest in Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) Expands By 68.1%

Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMYGet Free Report) was the target of a large increase in short interest in January. As of January 15th, there was short interest totaling 45,166 shares, an increase of 68.1% from the December 31st total of 26,865 shares. Based on an average daily volume of 127,070 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 127,070 shares, the days-to-cover ratio is presently 0.4 days.

Leonardo Trading Down 1.5%

FINMY stock opened at $33.23 on Monday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.59 and a current ratio of 0.97. Leonardo has a one year low of $15.01 and a one year high of $35.30. The firm’s fifty day moving average is $30.34 and its 200 day moving average is $29.43.

Analyst Ratings Changes

FINMY has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft lowered Leonardo from a “buy” rating to a “hold” rating in a research report on Tuesday, January 13th. Jefferies Financial Group reiterated a “buy” rating on shares of Leonardo in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold”.

Read Our Latest Research Report on Leonardo

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

Receive News & Ratings for Leonardo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Leonardo and related companies with MarketBeat.com's FREE daily email newsletter.