Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) Short Interest Update

Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totaling 73,842 shares, an increase of 586.6% from the November 30th total of 10,754 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 153,105 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily volume of 153,105 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.0% of the shares of the stock are sold short.

Leonardo Stock Down 0.1%

Leonardo stock traded down $0.02 during midday trading on Thursday, reaching $29.17. The stock had a trading volume of 12,175 shares, compared to its average volume of 78,072. The stock’s 50-day simple moving average is $28.43 and its 200 day simple moving average is $28.45. Leonardo has a twelve month low of $13.17 and a twelve month high of $33.16. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.97 and a quick ratio of 0.59.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on FINMY. The Goldman Sachs Group raised shares of Leonardo to a “hold” rating in a research report on Friday, September 19th. Barclays upgraded Leonardo to a “hold” rating in a report on Monday, September 8th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Leonardo in a report on Monday, October 6th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

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.