Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) Stock Short Interest Report for October

Key Points

• Short interest plunged 98.8% in October, falling from 894 shares on September 30 to just 11 shares on October 15. Short interest represented 0.0% of shares outstanding, with a 0.0-day short-interest ratio.
• CUB shares traded at $10.94, near their 50-day moving average of $10.89 and 200-day moving average of $10.79. The company has a $286.06 million market capitalization and reported a quarterly loss of $0.15 per share.
• Institutional investor Berkley W R Corp increased its stake by 45.1% to 916,973 shares, while analyst sentiment remained negative: MarketBeat reported a consensus “Sell” rating.

Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB - Get Free Report) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 11 shares, a decrease of 98.8% from the September 30th total of 894 shares. Based on an average daily trading volume, of 118,470 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company's stock are short sold.

Lionheart Holdings Class A Ordinary Shares Stock Performance

Shares of CUB stock traded up $0.01 during trading on Monday, hitting $10.94. The company had a trading volume of 200,271 shares, compared to its average volume of 105,670. The stock's 50-day moving average price is $10.89 and its 200 day moving average price is $10.79. The firm has a market capitalization of $286.06 million, a P/E ratio of 182.28 and a beta of 0.01. Lionheart Holdings Class A Ordinary Shares has a one year low of $10.55 and a one year high of $11.23.

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in Lionheart Holdings Class A Ordinary Shares stock. Berkley W R Corp grew its stake 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 disclosure with the Securities and Exchange Commission. The firm owned 916,973 shares of the company's stock after buying 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 as of its most recent filing with the Securities and Exchange Commission.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on CUB. Wall Street Zen downgraded Lionheart Holdings Class A Ordinary Shares from a "hold" rating to a "sell" rating in a research report on Saturday, August 22nd. Weiss Ratings raised Lionheart Holdings Class A Ordinary Shares from a "sell (d-)" rating to a "sell (d)" rating in a report on Thursday, October 8th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, Lionheart Holdings Class A Ordinary Shares currently has a consensus rating of "Sell".

About Lionheart Holdings Class A Ordinary Shares

Lionheart Holdings Class A Ordinary Shares NASDAQ: CUB represents a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more operating companies. The company does not conduct significant commercial operations of its own and was established primarily to raise capital through a public offering and pursue a merger, acquisition, share exchange, or similar transaction.

Lionheart Holdings has indicated that it may evaluate potential targets across a range of industries and geographic regions, rather than limiting its search to a single business sector.

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