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

Leonardo S.p.a. (OTCMKTS:FINMY) saw a large increase in short interest in the month of 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 daily 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.

Wall Street Analysts Forecast Growth

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

Leonardo Stock Performance

OTCMKTS FINMY traded up $2.00 during trading on Friday, reaching $25.99. 176,073 shares of the stock traded hands, compared to its average volume of 104,131. Leonardo has a fifty-two week low of $10.92 and a fifty-two week high of $25.99. 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 stock’s 50-day moving average price is $17.41 and its 200 day moving average price is $14.15.

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.