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

Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) was the target of a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 26,865 shares, a drop of 63.6% from the December 15th total of 73,842 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 99,454 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 99,454 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

Wall Street Analyst Weigh In

FINMY has been the subject of a number of recent research reports. The Goldman Sachs Group upgraded Leonardo to a “hold” rating in a research note on Friday, September 19th. Deutsche Bank Aktiengesellschaft lowered Leonardo from a “buy” rating to a “hold” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Leonardo Stock Down 1.2%

Leonardo stock traded down $0.40 during mid-day trading on Thursday, hitting $33.65. The company had a trading volume of 32,658 shares, compared to its average volume of 60,174. The business has a fifty day moving average of $29.05 and a 200 day moving average of $28.85. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.59 and a current ratio of 0.97. Leonardo has a 1 year low of $14.49 and a 1 year high of $34.95.

Leonardo Company Profile

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.