Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) Short Interest Up 610.8% in July

Key Points

• Short interest surged 610.8% in July to 18,268 shares, though only about 0.1% of CUB’s shares are short and the days-to-cover ratio remains low at 0.1 days.
• Analyst sentiment remains negative: Weiss Ratings maintained a “sell (d+)” rating, while Wall Street Zen upgraded the stock to “hold”; MarketBeat reports a consensus “Sell” rating.
• Berkley W R Corp increased its stake by 45.1% to 916,973 shares, representing approximately 2.99% of the company, while CUB shares recently traded at $10.85 within a $10.45–$11.23 52-week range.

Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB - Get Free Report) was the recipient of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 18,268 shares, a growth of 610.8% from the July 15th total of 2,570 shares. Approximately 0.1% of the company's shares are short sold. Based on an average daily trading volume, of 302,807 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

CUB has been the subject of several recent research reports. Weiss Ratings reissued a "sell (d+)" rating on shares of Lionheart Holdings Class A Ordinary Shares in a research note on Monday, July 6th. Wall Street Zen raised Lionheart Holdings Class A Ordinary Shares to a "hold" rating in a research note on Saturday. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of "Sell".

Institutional Inflows and Outflows

A hedge fund recently raised its position in Lionheart Holdings Class A Ordinary Shares stock. Berkley W R Corp increased its holdings in shares of Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB - Free Report) by 45.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 916,973 shares of the company's stock after purchasing an additional 285,106 shares during the period. Berkley W R Corp owned approximately 2.99% of Lionheart Holdings Class A Ordinary Shares worth $9,867,000 at the end of the most recent quarter.

Lionheart Holdings Class A Ordinary Shares Stock Performance

Shares of NASDAQ:CUB traded down $0.03 during trading on Wednesday, reaching $10.85. The stock had a trading volume of 1,471 shares, compared to its average volume of 227,876. Lionheart Holdings Class A Ordinary Shares has a 52 week low of $10.45 and a 52 week high of $11.23. The firm's fifty day moving average is $10.83 and its 200 day moving average is $10.75. The stock has a market cap of $332.83 million, a price-to-earnings ratio of 38.76 and a beta of 0.01.

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

About Lionheart Holdings Class A Ordinary Shares

Lionheart Holdings is a blank check company.

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