Short Interest in Leonardo S.p.a. (OTCMKTS:FINMY) Increases By 128.3%

Leonardo S.p.a. (OTCMKTS:FINMY) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 70,100 shares, an increase of 128.3% from the February 13th total of 30,700 shares. Based on an average trading volume of 202,600 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company’s shares are short sold.

Leonardo Trading Down 0.7 %

Shares of Leonardo stock opened at $23.99 on Friday. Leonardo has a 12 month low of $10.92 and a 12 month high of $25.27. The company has a quick ratio of 0.58, a current ratio of 0.95 and a debt-to-equity ratio of 0.26. The business has a fifty day simple moving average of $17.20 and a 200-day simple moving average of $14.08.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley raised shares of Leonardo from an “equal weight” rating to an “overweight” rating in a research note on Thursday, January 16th.

About Leonardo

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.