Leonardo S.p.a. (OTCMKTS:FINMY) Short Interest Up 88.1% in December

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

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley upgraded shares of Leonardo from an “equal weight” rating to an “overweight” rating in a report on Thursday.

Leonardo Trading Up 2.1 %

Shares of FINMY traded up $0.30 during trading hours on Thursday, hitting $14.59. 16,285 shares of the company were exchanged, compared to its average volume of 22,349. 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 firm has a fifty day simple moving average of $13.49 and a 200-day simple moving average of $12.42. Leonardo has a one year low of $8.59 and a one year high of $14.61.

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.