Short Interest in Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) Grows By 133,633.0%

Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 1,168,826 shares, an increase of 133,633.0% from the May 14th total of 874 shares. Based on an average daily volume of 123,740 shares, the short-interest ratio is presently 9.4 days. Currently, 5.1% of the shares of the company are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings initiated coverage on shares of Lionheart Holdings Class A Ordinary Shares in a research report on Tuesday, April 7th. They issued a “sell (d+)” rating for the company. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Lionheart Holdings Class A Ordinary Shares Price Performance

CUB stock traded down $0.02 during mid-day trading on Tuesday, hitting $10.86. The stock had a trading volume of 1,201,517 shares, compared to its average volume of 130,168. The stock’s fifty day moving average is $10.81. The stock has a market capitalization of $333.04 million and a price-to-earnings ratio of 38.79. Lionheart Holdings Class A Ordinary Shares has a 52 week low of $10.41 and a 52 week high of $11.00.

Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) last issued its quarterly earnings results on Wednesday, March 25th. The company reported $0.07 earnings per share for the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position 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) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 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 quarter.

Lionheart Holdings Class A Ordinary Shares Company Profile

Lionheart Holdings is a blank check company.