Live Oak Acquisition Corp. V (NASDAQ:TMS) Shares Shorted: Short Interest Up 158.7% in September

Live Oak Acquisition Corp. V (NASDAQ:TMS) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 139,644 shares, an increase of 158.7% from the August 31st total of 53,972 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 140,956 shares, the short-interest ratio is presently 1.0 days.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on TMS shares. Northland Securities started coverage on shares of Live Oak Acquisition Corp. V in a research note on Thursday, July 16th. They set an “outperform” rating and a $14.00 target price for the company. Wall Street Zen upgraded Live Oak Acquisition Corp. V to a “hold” rating in a research report on Saturday, August 22nd. Finally, Weiss Ratings upgraded Live Oak Acquisition Corp. V from a “sell (e-)” rating to a “sell (e)” rating in a report on Tuesday, September 1st. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $14.00.

Live Oak Acquisition Corp. V Stock Performance

NASDAQ TMS opened at $8.00 on Friday. The firm’s 50 day moving average is $6.98. Live Oak Acquisition Corp. V has a fifty-two week low of $5.04 and a fifty-two week high of $13.20.

Live Oak Acquisition Corp. V (NASDAQ:TMS) last issued its quarterly earnings results on Friday, August 14th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.03). The company had revenue of $148.66 million during the quarter, compared to the consensus estimate of $144.74 million. On average, equities analysts expect that Live Oak Acquisition Corp. V will post -0.54 earnings per share for the current year.

About Live Oak Acquisition Corp. V

Live Oak Acquisition Corp. V is a special purpose acquisition company (SPAC) formed to identify and combine with one or more businesses through a merger, acquisition, stock purchase, reorganization, or similar transaction.

Unlike an operating company, Live Oak Acquisition Corp. V does not have established products, services, or geographic markets of its own. Its activities primarily involve evaluating potential business combination opportunities and completing a transaction with a target company.

Public information about the company’s specific target, operating activities, and leadership is limited.