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 31st, there was short interest totalling 3,306,900 shares, an increase of 30.0% from the January 15th total of 2,544,000 shares. Based on an average daily trading volume, of 5,200 shares, the days-to-cover ratio is currently 635.9 days.

Leonardo Price Performance

Shares of OTCMKTS:FINMF traded up $1.46 during midday trading on Friday, reaching $34.00. 1,446 shares of the company were exchanged, compared to its average volume of 2,550. The business’s fifty day moving average is $28.82 and its two-hundred day moving average is $25.98. Leonardo has a one year low of $19.50 and a one year high of $34.20.

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.