Short Interest in Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) Rises By 20.7%

Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) saw a significant growth in short interest in January. As of January 30th, there was short interest totaling 54,537 shares, a growth of 20.7% from the January 15th total of 45,166 shares. Based on an average daily volume of 144,184 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 144,184 shares, the short-interest ratio is currently 0.4 days.

Wall Street Analyst Weigh In

FINMY has been the topic of a number of recent research reports. Jefferies Financial Group reiterated a “buy” rating on shares of Leonardo in a research report on Friday, January 30th. Deutsche Bank Aktiengesellschaft cut Leonardo from a “buy” rating to a “hold” rating in a report on Tuesday, January 13th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold”.

Leonardo Trading Up 4.9%

OTCMKTS:FINMY opened at $34.02 on Thursday. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.97 and a quick ratio of 0.59. Leonardo has a 1-year low of $18.11 and a 1-year high of $35.30. The business’s 50-day moving average price is $31.66 and its two-hundred day moving average price is $29.83.

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.