Short Interest in Live Oak Acquisition Corp. V (NASDAQ:TMS) Decreases By 34.3%

Live Oak Acquisition Corp. V (NASDAQ:TMS) saw a significant decrease in short interest in July. As of July 15th, there was short interest totaling 4,937 shares, a decrease of 34.3% from the June 30th total of 7,520 shares. Based on an average trading volume of 71,441 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Live Oak Acquisition Corp. V Trading Up 2.0%

Shares of TMS stock opened at $5.50 on Friday. Live Oak Acquisition Corp. V has a 52-week low of $5.04 and a 52-week high of $13.20.

Analyst Upgrades and Downgrades

Separately, Northland Securities began 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 target price on the stock. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $14.00.

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.