Leonardo S.p.a. (OTCMKTS:FINMF) Sees Significant Increase in Short Interest

Leonardo S.p.a. (OTCMKTS:FINMF) saw a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 4,667,300 shares, a growth of 30.4% from the February 13th total of 3,579,400 shares. Based on an average trading volume of 17,200 shares, the days-to-cover ratio is currently 271.4 days.

Leonardo Stock Performance

OTCMKTS:FINMF traded up $1.64 on Monday, hitting $51.86. 16,973 shares of the stock were exchanged, compared to its average volume of 10,135. The stock has a fifty day moving average of $35.48 and a 200-day moving average of $28.75. Leonardo has a fifty-two week low of $20.95 and a fifty-two week high of $52.36.

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.