Short Interest in Belive Holdings (NASDAQ:BLIV) Drops By 37.9%
by Michael Walen · The Markets DailyBelive Holdings (NASDAQ:BLIV – Get Free Report) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 2,219 shares, a decrease of 37.9% from the December 31st total of 3,571 shares. Based on an average trading volume of 7,548 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 7,548 shares, the short-interest ratio is currently 0.3 days.
Belive Stock Down 0.3%
NASDAQ BLIV traded down $0.01 on Friday, reaching $3.28. 1,615 shares of the company’s stock traded hands, compared to its average volume of 7,123. Belive has a 12 month low of $1.85 and a 12 month high of $6.40. The stock has a 50-day simple moving average of $3.42 and a 200 day simple moving average of $3.39.
Hedge Funds Weigh In On Belive
A hedge fund recently bought a new stake in Belive stock. Marex Group plc purchased a new stake in shares of Belive Holdings (NASDAQ:BLIV – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 15,060 shares of the company’s stock, valued at approximately $48,000.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings restated a “sell (e)” rating on shares of Belive in a research report on Tuesday, October 14th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.
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About Belive
BeLive Holdings engages in the development of software and programming activities and provides consultancy services. The company offers technology solutions for live commerce and shoppable short videos. It offers services through BeLive White Label solution and a cloud-based BeLive software-as-a-service (SaaS) solution. The company was founded on June 18, 2014 and is headquartered in Singapore.