Short Interest in Leonardo S.p.a. (OTCMKTS:FINMY) Increases By 88.1%

Leonardo S.p.a. (OTCMKTS:FINMY) was the recipient of a large growth in short interest in December. As of December 31st, there was short interest totalling 25,400 shares, a growth of 88.1% from the December 15th total of 13,500 shares. Based on an average daily trading volume, of 39,600 shares, the days-to-cover ratio is presently 0.6 days.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley raised Leonardo from an “equal weight” rating to an “overweight” rating in a research report on Thursday.

Leonardo Price Performance

Leonardo stock traded up $0.30 during midday trading on Thursday, hitting $14.59. The stock had a trading volume of 16,285 shares, compared to its average volume of 22,349. The business has a fifty day moving average price of $13.49 and a 200 day moving average price of $12.42. The company has a quick ratio of 0.58, a current ratio of 0.95 and a debt-to-equity ratio of 0.26. Leonardo has a 12 month low of $8.59 and a 12 month high of $14.61.

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.