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

Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) was the target of a significant increase in short interest during the month of 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. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 127,070 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 127,070 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the shares of the company are sold short.

Leonardo Trading Down 1.5%

Shares of FINMY opened at $33.23 on Friday. The stock’s 50-day moving average price is $30.34 and its 200-day moving average price is $29.41. 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 52 week low of $15.01 and a 52 week high of $35.30.

Analyst Ratings Changes

Several equities analysts recently issued reports on FINMY shares. Jefferies Financial Group reissued a “buy” rating on shares of Leonardo in a research report on Friday. Deutsche Bank Aktiengesellschaft lowered Leonardo from a “buy” rating to a “hold” rating in a report on Tuesday, January 13th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold”.

About Leonardo

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.