Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) Sees Significant Growth in Short Interest

Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 17,429 shares, a growth of 471.6% from the September 15th total of 3,049 shares. Based on an average trading volume of 186,069 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on FINMY shares. BNP Paribas Exane raised shares of Leonardo to an “outperform” rating in a report on Thursday, September 10th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Leonardo in a report on Friday, August 14th. DZ Bank raised Leonardo to a “strong-buy” rating in a research report on Tuesday, July 21st. Jefferies Financial Group raised Leonardo from a “hold” rating to a “buy” rating in a research report on Thursday, July 9th. Finally, Barclays restated an “overweight” rating on shares of Leonardo in a research note on Friday, July 3rd. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy”.

Leonardo Trading Up 1.7%

OTCMKTS FINMY traded up $0.43 during trading on Friday, hitting $26.18. 67,467 shares of the company’s stock traded hands, compared to its average volume of 97,935. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.90 and a quick ratio of 0.52. Leonardo has a 12-month low of $25.59 and a 12-month high of $37.51. The business has a 50 day moving average of $30.15 and a 200-day moving average of $30.59.

Leonardo Company Profile

Leonardo S.p.A. is an Italian aerospace, defense and security company headquartered in Rome. The company develops and supplies helicopters, military and commercial aircraft, aerostructures, defense electronics, radar and communication systems, cybersecurity solutions, and integrated defense and security systems.

Leonardo serves governments, armed forces, civil aviation customers and industrial partners in Italy and international markets. Its activities extend across Europe, North America and other global regions, with products and services used in areas including air defense, battlefield management, secure communications, surveillance, transportation and critical-infrastructure protection.