Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) Stock Short Interest Drops 80.7%

Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) was the target of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 894 shares, a decrease of 80.7% from the September 15th total of 4,643 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 78,714 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Lionheart Holdings Class A Ordinary Shares stock. Sona Asset Management US LLC acquired a new position in shares of Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 140,698 shares of the company’s stock, valued at approximately $1,514,000. Sona Asset Management US LLC owned approximately 0.46% of Lionheart Holdings Class A Ordinary Shares at the end of the most recent reporting period.

Lionheart Holdings Class A Ordinary Shares Stock Up 0.1%

Shares of CUB opened at $10.91 on Tuesday. The business’s 50 day moving average is $10.87 and its two-hundred day moving average is $10.83. Lionheart Holdings Class A Ordinary Shares has a 52-week low of $10.53 and a 52-week high of $11.23. The firm has a market cap of $285.54 million, a price-to-earnings ratio of 181.95 and a beta of 0.01.

Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) last released its earnings results on Friday, August 14th. The company reported ($0.15) EPS for the quarter.

Analyst Ratings Changes

A number of research firms recently weighed in on CUB. Wall Street Zen lowered shares of Lionheart Holdings Class A Ordinary Shares from a “hold” rating to a “sell” rating in a report on Saturday, August 22nd. Weiss Ratings upgraded shares of Lionheart Holdings Class A Ordinary Shares from a “sell (d-)” rating to a “sell (d)” rating in a report on Thursday. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, Lionheart Holdings Class A Ordinary Shares presently has an average rating of “Sell”.

Lionheart Holdings Class A Ordinary Shares Company Profile

Lionheart Holdings is a special purpose acquisition company (SPAC) that was formed to identify and complete a business combination with one or more operating businesses. Rather than selling products or services directly, the company’s principal activity is raising capital and evaluating potential mergers, acquisitions, or similar transactions.

The company may pursue a target in a variety of industries or geographic regions, subject to the terms of its corporate documents and the approval of its shareholders.