Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) Sees Large Increase in Short Interest

Lionheart Holdings Class A Ordinary Shares (NASDAQ:CUB) saw a significant growth in short interest in October. As of October 30th, there was short interest totaling 110 shares, a growth of 900.0% from the October 15th total of 11 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 82,638 shares, the short-interest ratio is currently 0.0 days.

Lionheart Holdings Class A Ordinary Shares Price Performance

Shares of CUB stock opened at $10.96 on Friday. Lionheart Holdings Class A Ordinary Shares has a one year low of $10.57 and a one year high of $11.23. The stock has a market cap of $286.71 million, a PE ratio of 182.67 and a beta of 0.01. The stock has a 50-day moving average of $10.91 and a 200-day moving average of $10.81.

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

Analysts Set New Price Targets

A number of brokerages have commented on CUB. Weiss Ratings upgraded Lionheart Holdings Class A Ordinary Shares from a “sell (d-)” rating to a “sell (d)” rating in a research note on Thursday, October 8th. Wall Street Zen lowered Lionheart Holdings Class A Ordinary Shares from a “hold” rating to a “sell” rating in a research note on Saturday, August 22nd. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company has an average rating of “Sell”.

Hedge Funds Weigh In On Lionheart Holdings Class A Ordinary Shares

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

Lionheart Holdings Class A Ordinary Shares Company Profile

Lionheart Holdings was a special purpose acquisition company, or SPAC, formed to pursue a merger, share exchange, asset acquisition or similar business combination. It did not operate a standalone commercial business or offer products and services of its own. Led by real estate investor Ophir Sternberg, Lionheart agreed to combine with healthcare technology and services company MSP Recovery. The transaction closed in 2022, and the combined company became MSP Recovery, later known as LifeWallet. MSP Recovery focuses on identifying and recovering healthcare payments that it says should have been paid by other insurers or responsible parties.