Lionheart Holdings (NASDAQ:CUBWU) Sees Significant Decline in Short Interest

Lionheart Holdings (NASDAQ:CUBWU) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 48 shares, a decrease of 45.5% from the June 30th total of 88 shares. Based on an average daily volume of 48 shares, the days-to-cover ratio is currently 1.0 days.

Lionheart Stock Performance

NASDAQ:CUBWU remained flat at $11.05 during mid-day trading on Thursday. The business’s 50 day moving average is $11.01 and its 200-day moving average is $10.95. Lionheart has a 52 week low of $10.57 and a 52 week high of $12.90.

About Lionheart

We are a blank check company incorporated on February 21, 2024 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.