Leonardo S.p.a. (OTCMKTS:FINMY – Get Free Report) saw a significant increase in short interest in February. As of February 15th, there was short interest totalling 30,700 shares, an increase of 113.2% from the January 31st total of 14,400 shares. Based on an average daily volume of 64,300 shares, the days-to-cover ratio is currently 0.5 days.
Wall Street Analyst Weigh In
Separately, Morgan Stanley raised Leonardo from an “equal weight” rating to an “overweight” rating in a research report on Thursday, January 16th.
Read Our Latest Research Report on FINMY
Leonardo Trading Up 1.4 %
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.
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