Lionheart Holdings (NASDAQ:CUBWU) Sees Large Increase in Short Interest

Lionheart Holdings (NASDAQ:CUBWU) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 102 shares, an increase of 3,300.0% from the May 31st total of 3 shares. Based on an average daily volume of 781 shares, the short-interest ratio is presently 0.1 days.

Lionheart Stock Performance

Shares of CUBWU opened at $11.05 on Friday. The stock’s fifty day moving average price is $10.88 and its two-hundred day moving average price is $11.12. Lionheart has a 1 year low of $10.57 and a 1 year 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.