Leonardo S.p.a. (OTCMKTS:FINMF) Short Interest Update

Leonardo S.p.a. (OTCMKTS:FINMF) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 4,842,100 shares, a growth of 10.1% from the May 31st total of 4,398,700 shares. Based on an average daily volume of 3,400 shares, the days-to-cover ratio is presently 1,424.1 days.

Leonardo Trading Down 3.3 %

Shares of FINMF stock opened at $22.80 on Wednesday. Leonardo has a fifty-two week low of $11.16 and a fifty-two week high of $26.79. The stock has a 50 day simple moving average of $24.46 and a two-hundred day simple moving average of $21.92.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Leonardo stock. Silvercrest Asset Management Group LLC acquired a new stake in shares of Leonardo S.p.a. (OTCMKTS:FINMF) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 37,095 shares of the company’s stock, valued at approximately $933,000. Institutional investors own 18.02% of the company’s stock.

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.