Short Interest in Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) Rises By 181.2%

Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 2,570 shares, an increase of 181.2% from the June 30th total of 914 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 25,332 shares, the days-to-cover ratio is presently 0.1 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of Lionheart Holdings Class A Ordinary Shares in a report on Monday, July 6th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Institutional Inflows and Outflows

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

Lionheart Holdings Class A Ordinary Shares Price Performance

Shares of NASDAQ CUB traded up $0.02 during mid-day trading on Monday, hitting $10.82. The company had a trading volume of 112,778 shares, compared to its average volume of 237,509. The company has a market capitalization of $331.76 million, a PE ratio of 38.66 and a beta of 0.01. The business’s 50-day simple moving average is $10.83 and its 200 day simple moving average is $10.74. Lionheart Holdings Class A Ordinary Shares has a 1-year low of $10.45 and a 1-year high of $11.23.

Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) last issued its quarterly earnings results on Wednesday, March 25th. The company reported $0.07 earnings per share for the quarter.

About Lionheart Holdings Class A Ordinary Shares

Lionheart Holdings is a blank check company.