Life360, Inc. (OTCMKTS:LIFX) Sees Significant Decline in Short Interest

Life360, Inc. (OTCMKTS:LIFX) was the target of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 88,472 shares, a drop of 47.7% from the April 15th total of 169,078 shares. Based on an average trading volume of 826 shares, the short-interest ratio is currently 107.1 days.

Life360 Stock Performance

LIFX remained flat at $14.27 during trading on Friday. 88 shares of the company’s stock traded hands, compared to its average volume of 100. Life360 has a fifty-two week low of $12.54 and a fifty-two week high of $14.27. The stock has a 50 day moving average price of $21.98 and a 200 day moving average price of $24.37.

Life360 Company Profile

Life360, Inc operates a technology platform to locate people, pets, and things in North America, Europe, the Middle East, Africa, and internationally. The company provides Life360 mobile application under the freemium model, which offers its services to users at no charge; and provides Life360 Platform, which offers location coordination and safety, driving safety, digital safety, and emergency assistance services. It also provides tile hardware tracking devices to locate lost devices sold through online and brick and mortar retail channels, as well as directly through Tile.com; tile mobile application that includes a free service, as well as two paid subscription options, such as Premium and Premium Protect to offer additional services, including warranties and item reimbursement; Jiobit subscriptions; and Jiobit wearable location devices for young children, pets, and seniors primarily in the United States through online retailers.