Belive Holdings (NASDAQ:BLIV) Sees Significant Increase in Short Interest

Belive Holdings (NASDAQ:BLIVGet Free Report) saw a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 2,161 shares, a growth of 120.1% from the May 14th total of 982 shares. Based on an average trading volume of 1,671 shares, the days-to-cover ratio is currently 1.3 days.

Hedge Funds Weigh In On Belive

An institutional investor recently bought a new position in Belive stock. Marex Group plc acquired a new position in shares of Belive Holdings (NASDAQ:BLIVFree Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 15,060 shares of the company’s stock, valued at approximately $48,000.

Belive Trading Down 8.6%

BLIV stock opened at $2.19 on Monday. Belive has a 1 year low of $1.85 and a 1 year high of $4.32. The stock has a 50-day simple moving average of $2.30 and a 200-day simple moving average of $2.86.

Belive (NASDAQ:BLIVGet Free Report) last released its earnings results on Friday, May 15th. The company reported $0.18 EPS for the quarter. The firm had revenue of ($137.43) million for the quarter.

Belive Company Profile

(Get Free Report)

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.

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