Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) Short Interest Update

Key Points

• Short interest fell 57.6% to 4,643 shares as of September 15, representing approximately 0.0% of shares outstanding and a short-interest ratio of 0.1 days.
• Berkley W R Corp increased its position by 45.1% to 916,973 shares, or 2.99% of Lionheart Holdings, while the stock’s overall analyst rating remains “Sell.”
• CUB shares edged up 0.1% to $10.89, within a 52-week range of $10.51 to $11.23. Lionheart Holdings is a SPAC that has not yet announced a definitive acquisition target and reported quarterly EPS of negative $0.15.

Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB - Get Free Report) saw a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 4,643 shares, a decrease of 57.6% from the August 31st total of 10,962 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily volume of 55,382 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Lionheart Holdings Class A Ordinary Shares stock. Berkley W R Corp lifted its holdings in Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB - Free Report) by 45.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 916,973 shares of the company's stock after purchasing an additional 285,106 shares during the period. Berkley W R Corp owned 2.99% of Lionheart Holdings Class A Ordinary Shares worth $9,867,000 at the end of the most recent reporting period.

Analyst Ratings Changes

A number of brokerages recently commented on CUB. Weiss Ratings downgraded shares of Lionheart Holdings Class A Ordinary Shares from a "sell (d+)" rating to a "sell (d-)" rating in a research report on Monday, August 24th. Wall Street Zen lowered shares of 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, Based on data from MarketBeat.com, the stock presently has an average rating of "Sell".

Lionheart Holdings Class A Ordinary Shares Trading Up 0.1%

CUB stock traded up $0.01 during mid-day trading on Monday, hitting $10.89. The stock had a trading volume of 4,008 shares, compared to its average volume of 195,169. Lionheart Holdings Class A Ordinary Shares has a 1-year low of $10.51 and a 1-year high of $11.23. The company has a fifty day moving average of $10.85 and a 200 day moving average of $10.81. The stock has a market capitalization of $284.88 million, a price-to-earnings ratio of 181.53 and a beta of 0.01.

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

Lionheart Holdings Class A Ordinary Shares Company Profile

Lionheart Holdings is a newly formed special purpose acquisition company (SPAC) whose Class A ordinary shares trade on the Nasdaq under the symbol CUB. The company was established to pursue a business combination, such as a merger, share exchange, asset acquisition, or similar transaction, with one or more operating businesses.

As a blank-check company, Lionheart Holdings does not currently operate a commercial business or offer products and services of its own. Its activities are focused on identifying and evaluating a potential acquisition target and completing an initial business combination, subject to shareholder approval and other customary conditions.

The company has not publicly identified a definitive target or provided sufficient information to describe an established operating history, geographic footprint, or specific industry focus.

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