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

Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 45,166 shares, a growth of 68.1% from the December 31st total of 26,865 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 127,070 shares, the short-interest ratio is presently 0.4 days. Based on an average daily trading volume, of 127,070 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the company’s shares are short sold.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on FINMY. Deutsche Bank Aktiengesellschaft cut shares of Leonardo from a “buy” rating to a “hold” rating in a research report on Tuesday, January 13th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Leonardo in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, Leonardo presently has an average rating of “Hold”.

Leonardo Price Performance

OTCMKTS:FINMY traded down $0.49 during trading hours on Friday, hitting $33.23. The company’s stock had a trading volume of 36,644 shares, compared to its average volume of 67,332. The business’s 50-day moving average is $30.34 and its two-hundred day moving average is $29.42. The company has a current ratio of 0.97, a quick ratio of 0.59 and a debt-to-equity ratio of 0.19. Leonardo has a 52-week low of $15.01 and a 52-week high of $35.30.

Leonardo Company Profile

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.