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

Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) was the target of a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 32,958 shares, a drop of 39.6% from the January 29th total of 54,537 shares. Based on an average trading volume of 116,192 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 116,192 shares, the short-interest ratio is presently 0.3 days.

Analysts Set New Price Targets

Several research analysts have commented on FINMY shares. Jefferies Financial Group restated a “buy” rating on shares of Leonardo in a research report on Friday, January 30th. Deutsche Bank Aktiengesellschaft downgraded Leonardo from a “buy” rating to a “hold” rating in a research note on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Leonardo Stock Performance

Shares of FINMY stock opened at $33.49 on Friday. The stock has a 50-day simple moving average of $32.51 and a 200 day simple moving average of $30.14. Leonardo has a fifty-two week low of $19.87 and a fifty-two week high of $35.30. The company has a quick ratio of 0.59, a current ratio of 0.97 and a debt-to-equity ratio of 0.19.

About Leonardo

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.