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

Belive Holdings (NASDAQ:BLIV) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 928 shares, a decrease of 35.8% from the April 15th total of 1,445 shares. Based on an average daily trading volume, of 1,186 shares, the days-to-cover ratio is currently 0.8 days.

Belive Stock Down 5.2%

NASDAQ BLIV opened at $2.21 on Tuesday. Belive has a 52 week low of $1.85 and a 52 week high of $5.20. The firm’s 50-day simple moving average is $2.36 and its two-hundred day simple moving average is $3.03.

Belive (NASDAQ:BLIV) last released its quarterly earnings data on Friday, May 15th. The company reported $0.18 EPS for the quarter. The business had revenue of ($137.43) million for the quarter.

Institutional Investors Weigh In On Belive

An institutional investor recently bought a new position in Belive stock. Marex Group plc acquired a new stake in shares of Belive Holdings (NASDAQ:BLIV) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 15,060 shares of the company’s stock, valued at approximately $48,000.

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.