Leonardo S.p.a. (OTCMKTS:FINMF) Sees Significant Increase in Short Interest

Leonardo S.p.a. (OTCMKTS:FINMF) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 7,287,100 shares, an increase of 7.2% from the March 31st total of 6,795,900 shares. Based on an average trading volume of 3,000 shares, the short-interest ratio is currently 2,429.0 days.

Leonardo Price Performance

Shares of Leonardo stock traded up $0.98 during trading on Wednesday, reaching $23.84. 321 shares of the company’s stock were exchanged, compared to its average volume of 2,825. The firm’s 50-day moving average price is $23.31 and its 200 day moving average price is $18.96. Leonardo has a 1-year low of $10.44 and a 1-year high of $26.16.

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.