Leonardo S.p.a. (OTCMKTS:FINMF) Short Interest Update

Leonardo S.p.a. (OTCMKTS:FINMF) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 602,600 shares, a decrease of 39.7% from the September 30th total of 1,000,000 shares. Based on an average trading volume of 9,700 shares, the days-to-cover ratio is presently 62.1 days. Based on an average trading volume of 9,700 shares, the days-to-cover ratio is presently 62.1 days.

Institutional Trading of Leonardo

A hedge fund recently raised its stake in Leonardo stock. Generali Investments CEE investicni spolecnost a.s. lifted its holdings in shares of Leonardo S.p.a. (OTCMKTS:FINMF) by 206.5% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 32,579 shares of the company’s stock after buying an additional 21,949 shares during the period. Generali Investments CEE investicni spolecnost a.s.’s holdings in Leonardo were worth $2,065,000 at the end of the most recent reporting period. Institutional investors own 18.02% of the company’s stock.

Leonardo Price Performance

FINMF opened at $57.80 on Friday. The company has a 50-day moving average of $60.39 and a 200-day moving average of $57.25. Leonardo has a 1-year low of $22.93 and a 1-year high of $68.10.

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.