Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) Short Interest Update

Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 4,643 shares, a decline of 57.6% from the August 31st total of 10,962 shares. Based on an average daily volume of 55,382 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Lionheart Holdings Class A Ordinary Shares Price Performance

Shares of NASDAQ CUB traded up $0.01 during mid-day trading on Monday, hitting $10.89. The company had a trading volume of 4,008 shares, compared to its average volume of 195,169. The business’s 50-day simple moving average is $10.85 and its 200-day simple moving average is $10.81. Lionheart Holdings Class A Ordinary Shares has a 12 month low of $10.51 and a 12 month high of $11.23. The firm has a market cap of $284.88 million, a P/E ratio of 181.53 and a beta of 0.01.

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

Institutional Investors Weigh In On Lionheart Holdings Class A Ordinary Shares

An institutional investor recently raised its stake in Lionheart Holdings Class A Ordinary Shares stock. Berkley W R Corp grew its holdings in Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) by 45.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 916,973 shares of the company’s stock after purchasing an additional 285,106 shares during the quarter. Berkley W R Corp owned about 2.99% of Lionheart Holdings Class A Ordinary Shares worth $9,867,000 as of its most recent filing with the SEC.

Analyst Upgrades and Downgrades

CUB has been the topic of several analyst reports. Weiss Ratings downgraded Lionheart Holdings Class A Ordinary Shares from a “sell (d+)” rating to a “sell (d-)” rating in a report on Monday, August 24th. 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 research analyst has rated the stock with a Sell rating, According to MarketBeat, Lionheart Holdings Class A Ordinary Shares has an average rating of “Sell”.

Lionheart Holdings Class A Ordinary Shares Company Profile

Lionheart Holdings is a newly formed special purpose acquisition company (SPAC) whose Class A ordinary shares trade on the Nasdaq under the symbol CUB. The company was established to pursue a business combination, such as a merger, share exchange, asset acquisition, or similar transaction, with one or more operating businesses.

As a blank-check company, Lionheart Holdings does not currently operate a commercial business or offer products and services of its own. Its activities are focused on identifying and evaluating a potential acquisition target and completing an initial business combination, subject to shareholder approval and other customary conditions.

The company has not publicly identified a definitive target or provided sufficient information to describe an established operating history, geographic footprint, or specific industry focus.