Leonardo S.p.a. (OTCMKTS:FINMY) Sees Significant Decline in Short Interest

Leonardo S.p.a. (OTCMKTS:FINMY) saw a significant drop in short interest in March. As of March 31st, there was short interest totalling 14,500 shares, a drop of 82.2% from the March 15th total of 81,500 shares. Based on an average daily trading volume, of 303,400 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Analysts Set New Price Targets

Several analysts have recently issued reports on FINMY shares. UBS Group downgraded Leonardo from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 24th. Citigroup lowered shares of Leonardo from a “strong-buy” rating to a “neutral” rating in a research report on Friday, April 4th. Finally, Morgan Stanley upgraded shares of Leonardo from an “equal weight” rating to an “overweight” rating in a research note on Thursday, January 16th.

Leonardo Trading Up 1.5 %

Shares of FINMY stock traded up $0.38 during trading hours on Monday, reaching $24.97. 279,950 shares of the company’s stock were exchanged, compared to its average volume of 132,486. The business has a fifty day moving average price of $22.02 and a 200-day moving average price of $16.30. 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 fifty-two week low of $10.92 and a fifty-two week high of $26.38.

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.