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

Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 1,168,826 shares, an increase of 133,633.0% from the May 14th total of 874 shares. Based on an average trading volume of 123,740 shares, the days-to-cover ratio is currently 9.4 days. Approximately 5.1% of the company’s shares are short sold.

Hedge Funds Weigh In On Lionheart Holdings Class A Ordinary Shares

A hedge fund recently bought a new stake in Lionheart Holdings Class A Ordinary Shares stock. Sona Asset Management US LLC purchased a new position in shares of Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 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 as of its most recent SEC filing.

Wall Street Analyst Weigh In

Separately, Weiss Ratings began coverage on shares of Lionheart Holdings Class A Ordinary Shares in a research note on Tuesday, April 7th. They issued a “sell (d+)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Lionheart Holdings Class A Ordinary Shares Trading Down 0.2%

Shares of NASDAQ CUB opened at $10.86 on Wednesday. The stock’s fifty day moving average price is $10.82. The company has a market capitalization of $333.08 million and a PE ratio of 38.79. Lionheart Holdings Class A Ordinary Shares has a twelve month low of $10.41 and a twelve month high of $11.00.

Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) last announced its quarterly 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.