Leonardo S.p.a. (OTCMKTS:FINMF) Sees Large Drop in Short Interest

Leonardo S.p.a. (OTCMKTS:FINMF) was the target of a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 1,989,000 shares, a drop of 6.9% from the December 15th total of 2,137,300 shares. Based on an average daily trading volume, of 3,400 shares, the short-interest ratio is currently 585.0 days.

Leonardo Price Performance

OTCMKTS FINMF traded down $0.71 during trading hours on Friday, reaching $29.26. The stock had a trading volume of 2,048 shares, compared to its average volume of 3,594. Leonardo has a 52-week low of $17.20 and a 52-week high of $29.97. The stock has a fifty day moving average of $27.18 and a 200 day moving average of $25.12.

About Leonardo

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.