Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) Sees Large Decrease in Short Interest

Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY – Get Free Report) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 3,049 shares, a drop of 82.8% from the August 31st total of 17,774 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 128,224 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Ratings Changes

FINMY has been the topic of several recent analyst reports. BNP Paribas Exane raised Leonardo to an “outperform” rating in a research note on Thursday, September 10th. Royal Bank Of Canada started coverage on shares of Leonardo in a research note on Tuesday, August 11th. They set a “moderate buy” rating for the company. Morgan Stanley reiterated an “overweight” rating on shares of Leonardo in a research note on Monday, June 1st. Jefferies Financial Group upgraded Leonardo from a “hold” rating to a “buy” rating in a research report on Thursday, July 9th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Leonardo in a research report on Friday, August 14th. Two investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Leonardo currently has a consensus rating of “Buy”.

Get Leonardo alerts:

View Our Latest Analysis on FINMY

Leonardo Trading Down 0.6%

Shares of OTCMKTS:FINMY traded down $0.16 during trading hours on Friday, hitting $27.95. The company’s stock had a trading volume of 37,908 shares, compared to its average volume of 83,576. The company has a current ratio of 0.90, a quick ratio of 0.62 and a debt-to-equity ratio of 0.16. The firm’s fifty day moving average price is $30.79 and its 200 day moving average price is $31.26. Leonardo has a 52 week low of $25.59 and a 52 week high of $37.51.

Leonardo Company Profile

(Get Free Report)

Leonardo S.p.A. is an Italian aerospace, defense and security company headquartered in Rome. The company develops and manufactures helicopters, military and commercial aircraft, aircraft structures, defense electronics, radar and communication systems, cybersecurity solutions, and space-related technologies and services.

Leonardo serves government and commercial customers in Italy and international markets, with operations and partnerships across Europe, North America and other regions.

See Also

• Five stocks we like better than Leonardo
• 3 Defense Stocks Riding Nuclear, Missile, and Aerospace Demand
• SoFi Is Bypassing the Banking Bottleneck With Stablecoin Settlement
• These 3 Overlooked Stocks Have Big Money Behind Them
• Darden Restaurants Serves Up Fresh Catalysts for a Stock Price Rally

Receive News & Ratings for Leonardo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Leonardo and related companies with MarketBeat.com's FREE daily email newsletter.