Leonardo S.p.a. (OTCMKTS:FINMF) Short Interest Update

Leonardo S.p.a. (OTCMKTS:FINMF) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totalling 5,202,800 shares, an increase of 5.0% from the September 30th total of 4,954,000 shares. Based on an average daily volume of 2,000 shares, the short-interest ratio is currently 2,601.4 days.

Leonardo Price Performance

FINMF opened at $24.00 on Friday. Leonardo has a 12 month low of $14.51 and a 12 month high of $26.79. The stock has a fifty day moving average price of $23.61 and a 200-day moving average price of $24.13.

Hedge Funds Weigh In On Leonardo

An institutional investor recently bought a new position in Leonardo stock. Silvercrest Asset Management Group LLC purchased a new stake in Leonardo S.p.a. (OTCMKTS:FINMF) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 37,095 shares of the company’s stock, valued at approximately $933,000. 18.02% of the stock is owned by institutional investors and hedge funds.

Leonardo Company Profile

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.