Leonardo S.p.a. (OTCMKTS:FINMY) Sees Significant Decline in Short Interest

Leonardo S.p.a. (OTCMKTS:FINMY) saw a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 14,500 shares, a decrease of 82.2% from the March 15th total of 81,500 shares. Based on an average trading volume of 303,400 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Leonardo Stock Performance

OTCMKTS FINMY traded up $0.38 during trading on Monday, reaching $24.97. 279,950 shares of the company’s stock were exchanged, compared to its average volume of 132,486. Leonardo has a fifty-two week low of $10.92 and a fifty-two week high of $26.38. The company has a current ratio of 0.95, a quick ratio of 0.58 and a debt-to-equity ratio of 0.26. The company’s fifty day simple moving average is $22.02 and its 200-day simple moving average is $16.30.

Analyst Ratings Changes

Several equities research analysts have recently commented on FINMY shares. Citigroup downgraded Leonardo from a “strong-buy” rating to a “neutral” rating in a report on Friday, April 4th. Morgan Stanley raised shares of Leonardo from an “equal weight” rating to an “overweight” rating in a research report on Thursday, January 16th. Finally, UBS Group lowered shares of Leonardo from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 24th.

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.