Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) Shares Shorted: Short Interest Down 57.6% in September

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

Institutional Trading of Lionheart Holdings Class A Ordinary Shares

An institutional investor recently bought a new position in Lionheart Holdings Class A Ordinary Shares stock. Sona Asset Management US LLC bought a new stake in shares of Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund 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.

Lionheart Holdings Class A Ordinary Shares Price Performance

Shares of Lionheart Holdings Class A Ordinary Shares stock opened at $10.90 on Wednesday. The company has a 50 day moving average price of $10.86 and a 200 day moving average price of $10.81. The firm has a market capitalization of $285.14 million, a P/E ratio of 181.70 and a beta of 0.01. Lionheart Holdings Class A Ordinary Shares has a 52 week low of $10.51 and a 52 week high of $11.23.

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

Analysts Set New Price Targets

CUB has been the topic of a number of analyst reports. Wall Street Zen cut Lionheart Holdings Class A Ordinary Shares from a “hold” rating to a “sell” rating in a research note on Saturday, August 22nd. Weiss Ratings lowered shares of Lionheart Holdings Class A Ordinary Shares from a “sell (d+)” rating to a “sell (d-)” rating in a research note on Monday, August 24th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus 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.