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

Belive Holdings (NASDAQ:BLIV) was the target of a large decrease in short interest during 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 volume of 1,186 shares, the short-interest ratio is currently 0.8 days.

Belive Price Performance

BLIV traded up $0.03 during mid-day trading on Monday, hitting $2.46. 398 shares of the stock were exchanged, compared to its average volume of 6,471. The firm’s fifty day moving average is $2.38 and its two-hundred day moving average is $3.04. Belive has a 1-year low of $1.85 and a 1-year high of $5.20.

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

Hedge Funds Weigh In On Belive

A hedge fund recently bought a new stake in Belive stock. Marex Group plc purchased a new stake in Belive Holdings (NASDAQ:BLIV) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 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.