Short Interest in Leonardo S.p.a. (OTCMKTS:FINMY) Expands By 88.1%

Leonardo S.p.a. (OTCMKTS:FINMY) saw a significant increase in short interest in January. As of January 15th, there was short interest totalling 25,400 shares, an increase of 88.1% from the December 31st total of 13,500 shares. Based on an average trading volume of 39,600 shares, the short-interest ratio is currently 0.6 days.

Leonardo Price Performance

Leonardo stock traded down $0.06 during mid-day trading on Wednesday, hitting $15.29. 12,580 shares of the company traded hands, compared to its average volume of 19,001. Leonardo has a one year low of $8.59 and a one year high of $15.49. 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 stock has a fifty day moving average price of $13.82 and a 200-day moving average price of $12.61.

Analyst Ratings Changes

Separately, Morgan Stanley raised shares of Leonardo from an “equal weight” rating to an “overweight” rating in a research note on Thursday, January 16th.

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.