Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) Stock Short Interest Report for October

Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) was the recipient of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 11 shares, a drop of 98.8% from the September 30th total of 894 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 118,470 shares, the days-to-cover ratio is currently 0.0 days.

Lionheart Holdings Class A Ordinary Shares Stock Performance

Shares of Lionheart Holdings Class A Ordinary Shares stock traded up $0.01 during midday trading on Monday, hitting $10.94. The company had a trading volume of 200,271 shares, compared to its average volume of 105,670. Lionheart Holdings Class A Ordinary Shares has a 52-week low of $10.55 and a 52-week high of $11.23. The stock has a market capitalization of $286.06 million, a P/E ratio of 182.28 and a beta of 0.01. The company has a 50 day moving average of $10.89 and a 200 day moving average of $10.79.

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

Hedge Funds Weigh In On Lionheart Holdings Class A Ordinary Shares

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

Analysts Set New Price Targets

Several research analysts recently commented on CUB shares. Weiss Ratings raised shares of Lionheart Holdings Class A Ordinary Shares from a “sell (d-)” rating to a “sell (d)” rating in a research note on Thursday, October 8th. 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. One investment analyst has rated the stock with a Sell rating. According to MarketBeat.com, Lionheart Holdings Class A Ordinary Shares has an average rating of “Sell”.

About Lionheart Holdings Class A Ordinary Shares

Lionheart Holdings Class A Ordinary Shares (NASDAQ: CUB) represents a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more operating companies. The company does not conduct significant commercial operations of its own and was established primarily to raise capital through a public offering and pursue a merger, acquisition, share exchange, or similar transaction.

Lionheart Holdings has indicated that it may evaluate potential targets across a range of industries and geographic regions, rather than limiting its search to a single business sector.