Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) Stock Short Interest Drops 82.8%

by · The Markets Daily

Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY – Get Free Report) saw a large decline in short interest in September. As of September 15th, there was short interest totaling 3,049 shares, a decline of 82.8% from the August 31st total of 17,774 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 128,224 shares, the days-to-cover ratio is presently 0.0 days.

Leonardo Price Performance

OTCMKTS:FINMY opened at $28.11 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.97 and a quick ratio of 0.62. The firm has a 50-day moving average of $30.81 and a 200-day moving average of $31.29. Leonardo has a one year low of $25.59 and a one year high of $37.51.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on FINMY. Barclays reissued an “overweight” rating on shares of Leonardo in a research note on Friday, July 3rd. BNP Paribas Exane upgraded Leonardo to an “outperform” rating in a research note on Thursday, September 10th. DZ Bank raised Leonardo to a “strong-buy” rating in a research report on Tuesday, July 21st. Jefferies Financial Group raised Leonardo from a “hold” rating to a “buy” rating in a research note on Thursday, July 9th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Leonardo in a report on Friday, August 14th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Leonardo has an average rating of “Buy”.

View Our Latest Research Report on FINMY

About Leonardo

(Get Free Report)

Leonardo S.p.A. is an Italian aerospace, defense and security company headquartered in Rome. The company develops and manufactures helicopters, military and commercial aircraft, aircraft structures, defense electronics, radar and communication systems, cybersecurity solutions, and space-related technologies and services.

Leonardo serves government and commercial customers in Italy and international markets, with operations and partnerships across Europe, North America and other regions.

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