Live Oak Acquisition Corp. V (NASDAQ:TMS) Short Interest Down 34.3% in July

Live Oak Acquisition Corp. V (NASDAQ:TMS) was the target of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 4,937 shares, a drop of 34.3% from the June 30th total of 7,520 shares. Based on an average daily volume of 71,441 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Live Oak Acquisition Corp. V Price Performance

NASDAQ:TMS opened at $5.39 on Friday. Live Oak Acquisition Corp. V has a 12 month low of $5.35 and a 12 month high of $13.20.

Wall Street Analyst Weigh In

Separately, Northland Securities began coverage on Live Oak Acquisition Corp. V in a report on Thursday, July 16th. They issued an “outperform” rating and a $14.00 target price for the company. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $14.00.

About Live Oak Acquisition Corp. V

Live Oak Acquisition Corp. V is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. As a special purpose acquisition company, it does not operate a traditional commercial business of its own and instead focuses on identifying and completing an acquisition transaction.

The company was organized to pursue opportunities across a broad range of industries and geographic markets, subject to the terms of its governing documents and applicable regulations.