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

Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) saw a large decrease in short interest in February. As of February 13th, there was short interest totaling 32,958 shares, a decrease of 39.6% from the January 29th total of 54,537 shares. Based on an average daily volume of 116,192 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 116,192 shares, the short-interest ratio is currently 0.3 days.

Leonardo Trading Up 0.7%

Shares of OTCMKTS FINMY opened at $33.49 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.97 and a quick ratio of 0.59. The firm’s 50-day moving average price is $32.51 and its two-hundred day moving average price is $30.14. Leonardo has a 52-week low of $19.87 and a 52-week high of $35.30.

Analysts Set New Price Targets

FINMY has been the subject of a number of recent analyst reports. Jefferies Financial Group reissued a “buy” rating on shares of Leonardo in a research report on Friday, January 30th. Deutsche Bank Aktiengesellschaft lowered shares of 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 given a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus 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.