Short Interest in Leonardo S.p.a. (OTCMKTS:FINMY) Declines By 68.6%

Leonardo S.p.a. (OTCMKTS:FINMY) saw a significant decline in short interest in January. As of January 31st, there was short interest totalling 14,400 shares, a decline of 68.6% from the January 15th total of 45,800 shares. Based on an average daily trading volume, of 47,700 shares, the short-interest ratio is currently 0.3 days.

Analysts Set New Price Targets

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

Leonardo Stock Up 2.3 %

FINMY stock traded up $0.35 during midday trading on Wednesday, hitting $15.51. The company’s stock had a trading volume of 7,981 shares, compared to its average volume of 24,491. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.58 and a current ratio of 0.95. The firm has a 50-day simple moving average of $14.23 and a 200-day simple moving average of $12.83. Leonardo has a 52-week low of $9.15 and a 52-week high of $16.05.

Leonardo Company Profile

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.