Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) Short Interest Down 42.4% in August

Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) was the target of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 10,528 shares, a decline of 42.4% from the July 30th total of 18,268 shares. Based on an average trading volume of 103,883 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

CUB has been the topic of several research analyst reports. Weiss Ratings cut Lionheart Holdings Class A Ordinary Shares from a “sell (d+)” rating to a “sell (d-)” rating in a research note on Monday, August 24th. Wall Street Zen downgraded shares of Lionheart Holdings Class A Ordinary Shares from a “hold” rating to a “sell” rating in a report on Saturday, August 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Lionheart Holdings Class A Ordinary Shares presently has an average rating of “Sell”.

Lionheart Holdings Class A Ordinary Shares Trading Up 0.1%

CUB traded up $0.01 on Friday, hitting $10.88. 11,548 shares of the company’s stock were exchanged, compared to its average volume of 82,038. The firm has a market cap of $284.62 million, a PE ratio of 181.36 and a beta of 0.01. Lionheart Holdings Class A Ordinary Shares has a twelve month low of $10.50 and a twelve month high of $11.23. The stock has a fifty day moving average of $10.82 and a two-hundred day moving average of $10.77.

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

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Lionheart Holdings Class A Ordinary Shares stock. Sona Asset Management US LLC bought a new position in Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 140,698 shares of the company’s stock, valued at approximately $1,514,000. Sona Asset Management US LLC owned 0.46% of Lionheart Holdings Class A Ordinary Shares at the end of the most recent reporting period.

About Lionheart Holdings Class A Ordinary Shares

Lionheart Holdings is a blank check company.