Short Interest in Leonardo S.p.a. (OTCMKTS:FINMY) Declines By 82.2%

Leonardo S.p.a. (OTCMKTS:FINMY - Get Free Report) was the recipient of a significant decrease in short interest in 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. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 303,400 shares, the days-to-cover ratio is currently 0.0 days.

Analysts Set New Price Targets

Several research firms recently commented on FINMY. Citigroup cut Leonardo from a "strong-buy" rating to a "neutral" rating in a research report on Friday, April 4th. UBS Group lowered Leonardo from a "strong-buy" rating to a "hold" rating in a report on Monday, March 24th. Finally, Morgan Stanley upgraded shares of Leonardo from an "equal weight" rating to an "overweight" rating in a research report on Thursday, January 16th.

Leonardo Stock Up 0.5 %

Shares of OTCMKTS FINMY traded up $0.12 during mid-day trading on Friday, reaching $25.70. 69,960 shares of the company were exchanged, compared to its average volume of 133,827. Leonardo has a 52 week low of $10.92 and a 52 week high of $26.38. The company's 50 day moving average price is $22.87 and its 200 day moving average price is $16.67. 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 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.