Leonardo DRS

DRS

Leonardo DRS, formerly DRS Technologies, Inc., is a US-based defense contractor. Previously traded on the NYSE, the company was purchased by the Italian firm Finmeccanica (now Leonardo S.p.A.) in October 2008.

Leonardo DRS has been a target of short sellers for a while. The current short interest of 1.42% is roughly at the average of the last 12 months (1.19%).