Leonardo S.p.a. (OTCMKTS:FINMY) Sees Significant Growth in Short Interest

by · The Cerbat Gem

Leonardo S.p.a. (OTCMKTS:FINMY – Get Free Report) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 35,400 shares, a growth of 144.1% from the March 31st total of 14,500 shares. Based on an average daily volume of 430,300 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

A number of research firms have commented on FINMY. Citigroup lowered shares of Leonardo from a “strong-buy” rating to a “neutral” rating in a research note on Friday, April 4th. Morgan Stanley upgraded Leonardo from an “equal weight” rating to an “overweight” rating in a research report on Thursday, January 16th. Finally, UBS Group downgraded Leonardo from a “strong-buy” rating to a “hold” rating in a report on Monday, March 24th.

Check Out Our Latest Report on FINMY

Leonardo Price Performance

Shares of Leonardo stock traded up $0.15 on Monday, hitting $25.34. 35,803 shares of the company traded hands, compared to its average volume of 130,974. Leonardo has a 12-month low of $10.92 and a 12-month high of $26.38. The company has a current ratio of 0.95, a quick ratio of 0.58 and a debt-to-equity ratio of 0.26. The company has a 50-day moving average price of $23.74 and a 200 day moving average price of $17.19.

About Leonardo

(Get Free Report)

Leonardo S.p.a., an industrial and technological company, engages in the helicopters, defense electronics and security, aircraft, aerostructures, and space sectors in Italy, the United Kingdom, rest of Europe, the United States, and internationally. The company offers a range of helicopters for battlefield, combat, maritime, training, VIP/executive transport, medical and rescue, security, energy, and utility services, as well as provides support and training services.

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