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

Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) was the recipient of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 10,528 shares, a decrease of 42.4% from the July 30th total of 18,268 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 103,883 shares, the short-interest ratio is presently 0.1 days.

Lionheart Holdings Class A Ordinary Shares Price Performance

Shares of CUB stock traded up $0.01 during mid-day trading on Tuesday, hitting $10.87. The company had a trading volume of 202,661 shares, compared to its average volume of 210,060. The stock’s 50 day moving average price is $10.82 and its 200-day moving average price is $10.77. Lionheart Holdings Class A Ordinary Shares has a 52-week low of $10.50 and a 52-week high of $11.23. The company has a market capitalization of $284.36 million, a P/E ratio of 181.20 and a beta of 0.01.

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

Institutional Investors Weigh In On 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 position in Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 140,698 shares of the company’s stock, valued at approximately $1,514,000. Sona Asset Management US LLC owned approximately 0.46% of Lionheart Holdings Class A Ordinary Shares at the end of the most recent quarter.

Analysts Set New Price Targets

A number of research analysts recently weighed in on CUB shares. Wall Street Zen cut shares of 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 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 analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Lionheart Holdings Class A Ordinary Shares currently has an average rating of “Sell”.

Lionheart Holdings Class A Ordinary Shares Company Profile

Lionheart Holdings is a blank check company.