Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) Sees Significant Decrease in Short Interest

Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 11 shares, a decrease of 98.8% from the September 30th total of 894 shares. Based on an average daily trading volume, of 118,470 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Trading of Lionheart Holdings Class A Ordinary Shares

A hedge fund recently bought a new position in Lionheart Holdings Class A Ordinary Shares stock. Sona Asset Management US LLC bought a new stake in shares of Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

Lionheart Holdings Class A Ordinary Shares Price Performance

Shares of NASDAQ CUB opened at $10.94 on Tuesday. The stock has a market cap of $286.06 million, a P/E ratio of 182.28 and a beta of 0.01. The firm has a 50-day moving average of $10.89 and a 200 day moving average of $10.79. Lionheart Holdings Class A Ordinary Shares has a 1 year low of $10.55 and a 1 year high of $11.23.

Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) last posted its quarterly earnings data on Friday, August 14th. The company reported ($0.15) earnings per share for the quarter.

Analysts Set New Price Targets

A number of equities analysts have recently commented on CUB shares. Weiss Ratings raised Lionheart Holdings Class A Ordinary Shares from a “sell (d-)” rating to a “sell (d)” rating in a report on Thursday, October 8th. Wall Street Zen lowered shares of Lionheart Holdings Class A Ordinary Shares from a “hold” rating to a “sell” rating in a research report on Saturday, August 22nd. One analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company currently has an average rating of “Sell”.

Lionheart Holdings Class A Ordinary Shares Company Profile

Lionheart Holdings Class A Ordinary Shares (NASDAQ: CUB) represents a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more operating companies. The company does not conduct significant commercial operations of its own and was established primarily to raise capital through a public offering and pursue a merger, acquisition, share exchange, or similar transaction.

Lionheart Holdings has indicated that it may evaluate potential targets across a range of industries and geographic regions, rather than limiting its search to a single business sector.