Belive Holdings (NASDAQ:BLIV) Short Interest Up 120.1% in May

Belive Holdings (NASDAQ:BLIV) saw a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 2,161 shares, an increase 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 presently 1.3 days.

Institutional Trading of Belive

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

Belive Stock Down 8.6%

NASDAQ BLIV opened at $2.19 on Friday. Belive has a 12 month low of $1.85 and a 12 month high of $4.32. The company has a 50-day moving average of $2.30 and a 200-day moving average of $2.87.

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

Belive Company Profile

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.