Short Interest in Belive Holdings (NASDAQ:BLIV) Decreases By 40.4%

Belive Holdings (NASDAQ:BLIV) was the target of a large drop in short interest in September. As of September 15th, there was short interest totaling 12,700 shares, a drop of 40.4% from the August 31st total of 21,300 shares. Based on an average daily trading volume, of 29,700 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the company’s stock are sold short. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 29,700 shares, the short-interest ratio is presently 0.4 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e-)” rating on shares of Belive in a research report on Saturday, September 27th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

Institutional Trading of Belive

A hedge fund recently bought a new stake in Belive stock. Marex Group plc acquired a new stake in Belive Holdings (NASDAQ:BLIV) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,060 shares of the company’s stock, valued at approximately $48,000.

Belive Trading Up 0.5%

NASDAQ:BLIV opened at $3.79 on Tuesday. Belive has a twelve month low of $1.85 and a twelve month high of $6.40. The stock’s 50 day moving average is $3.32.

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.