Live Oak Acquisition Corp. V (NASDAQ:TMS) Sees Significant Increase in Short Interest

Live Oak Acquisition Corp. V (NASDAQ:TMSGet Free Report) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 10,526 shares, an increase of 113.2% from the July 15th total of 4,937 shares. Based on an average trading volume of 83,142 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Live Oak Acquisition Corp. V Price Performance

Shares of Live Oak Acquisition Corp. V stock traded up $0.14 during mid-day trading on Friday, hitting $8.89. 104,015 shares of the stock were exchanged, compared to its average volume of 78,754. Live Oak Acquisition Corp. V has a 12 month low of $5.04 and a 12 month high of $13.20.

Live Oak Acquisition Corp. V (NASDAQ:TMSGet Free Report) last released its earnings results on Friday, August 14th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by ($0.03). The firm had revenue of $148.66 million during the quarter, compared to the consensus estimate of $144.74 million. On average, analysts forecast that Live Oak Acquisition Corp. V will post -9.99 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Northland Securities began coverage on shares of Live Oak Acquisition Corp. V in a research note on Thursday, July 16th. They issued an “outperform” rating and a $14.00 target price for the company. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, Live Oak Acquisition Corp. V presently has an average rating of “Buy” and an average target price of $14.00.

Check Out Our Latest Stock Analysis on TMS

Live Oak Acquisition Corp. V Company Profile

(Get Free Report)

Live Oak Acquisition Corp. V is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. As a special purpose acquisition company, it does not operate a traditional commercial business of its own and instead focuses on identifying and completing an acquisition transaction.

The company was organized to pursue opportunities across a broad range of industries and geographic markets, subject to the terms of its governing documents and applicable regulations.

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