Leonardo S.p.a. (OTCMKTS:FINMY) Short Interest Up 784.5% in May

Leonardo S.p.a. (OTCMKTS:FINMY - Get Free Report) saw a significant growth in short interest in the month of May. As of May 31st, there was short interest totalling 102,600 shares, a growth of 784.5% from the May 15th total of 11,600 shares. Based on an average daily volume of 245,100 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the company's shares are sold short.

Leonardo Stock Performance

Shares of FINMY stock traded down $0.05 during trading hours on Thursday, hitting $27.70. The company had a trading volume of 195,469 shares, compared to its average volume of 130,249. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.58 and a current ratio of 0.95. The company's fifty day moving average is $26.97 and its 200 day moving average is $20.74. Leonardo has a fifty-two week low of $10.92 and a fifty-two week high of $31.63.

Analysts Set New Price Targets

FINMY has been the topic of several recent analyst reports. UBS Group lowered shares of Leonardo from a "strong-buy" rating to a "hold" rating in a report on Monday, March 24th. Citigroup cut Leonardo from a "strong-buy" rating to a "neutral" rating in a report on Friday, April 4th. Finally, Jefferies Financial Group reiterated a "buy" rating on shares of Leonardo in a research report on Friday, May 2nd.

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.