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

Leonardo S.p.a. (OTCMKTS:FINMF) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totalling 2,544,000 shares, an increase of 27.9% from the December 31st total of 1,989,000 shares. Based on an average daily trading volume, of 7,100 shares, the days-to-cover ratio is currently 358.3 days.

Leonardo Stock Performance

OTCMKTS FINMF remained flat at $31.49 on Monday. 3 shares of the company’s stock were exchanged, compared to its average volume of 3,398. Leonardo has a 12 month low of $17.28 and a 12 month high of $31.84. The firm’s 50 day moving average price is $27.98 and its 200-day moving average price is $25.55.

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.