Short Interest in Leonardo S.p.a. (OTCMKTS:FINMY) Increases By 52.6%

Leonardo S.p.a. (OTCMKTS:FINMY - Get Free Report) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totalling 11,600 shares, a growth of 52.6% from the April 30th total of 7,600 shares. Currently, 0.0% of the company's shares are sold short. Based on an average trading volume of 226,600 shares, the days-to-cover ratio is currently 0.1 days.

Leonardo Price Performance

Leonardo stock traded down $0.73 during midday trading on Thursday, reaching $30.27. 168,244 shares of the stock traded hands, compared to its average volume of 128,314. The company has a 50-day simple moving average of $26.46 and a two-hundred day simple moving average of $20.19. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.58 and a current ratio of 0.95. Leonardo has a 12-month low of $10.92 and a 12-month high of $31.43.

Analyst Ratings Changes

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

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.