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

Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) saw a large 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. Based on an average daily volume of 78,714 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on CUB. Weiss Ratings upgraded shares of Lionheart Holdings Class A Ordinary Shares from a “sell (d-)” rating to a “sell (d)” rating in a research report on Thursday. Wall Street Zen downgraded shares of Lionheart Holdings Class A Ordinary Shares from a “hold” rating to a “sell” rating in a research note on Saturday, August 22nd. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, Lionheart Holdings Class A Ordinary Shares has an average rating of “Sell”.

Lionheart Holdings Class A Ordinary Shares Stock Performance

NASDAQ CUB remained flat at $10.90 on Friday. The company had a trading volume of 25,208 shares, compared to its average volume of 72,130. Lionheart Holdings Class A Ordinary Shares has a fifty-two week low of $10.53 and a fifty-two week high of $11.23. The company has a 50 day moving average of $10.87 and a 200 day moving average of $10.83. The company has a market capitalization of $285.14 million, a PE ratio of 181.70 and a beta of 0.01.

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

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Lionheart Holdings Class A Ordinary Shares stock. Sona Asset Management US LLC acquired a new stake in shares of Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 140,698 shares of the company’s stock, valued at approximately $1,514,000. Sona Asset Management US LLC owned 0.46% of Lionheart Holdings Class A Ordinary Shares as of its most recent filing with the Securities & Exchange Commission.

About Lionheart Holdings Class A Ordinary Shares

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.