Live Oak Acquisition Corp. V (NASDAQ:TMS) Short Interest Update

Live Oak Acquisition Corp. V (NASDAQ:TMS) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 10,526 shares, a growth of 113.2% from the July 15th total of 4,937 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 83,142 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

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

Live Oak Acquisition Corp. V Price Performance

NASDAQ TMS traded up $0.14 on Friday, hitting $8.89. 104,015 shares of the stock traded hands, compared to its average volume of 78,754. Live Oak Acquisition Corp. V has a 12 month low of $5.04 and a 12 month high of $13.20.

Live Oak Acquisition Corp. V (NASDAQ:TMS) last issued its earnings results on Friday, August 14th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by ($0.03). The business had revenue of $148.66 million during the quarter, compared to analysts’ expectations of $144.74 million. Equities research analysts expect that Live Oak Acquisition Corp. V will post -9.99 earnings per share for the current fiscal year.

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.