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

Belive Holdings (NASDAQ:BLIV) saw a large decrease in short interest in December. As of December 31st, there was short interest totaling 3,571 shares, a decrease of 37.3% from the December 15th total of 5,696 shares. Based on an average daily volume of 10,231 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 10,231 shares, the days-to-cover ratio is currently 0.3 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) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 15,060 shares of the company’s stock, valued at approximately $48,000.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e)” rating on shares of Belive in a research note on Tuesday, October 14th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

Belive Trading Down 4.4%

Shares of NASDAQ:BLIV traded down $0.15 during midday trading on Friday, reaching $3.25. 2,370 shares of the company’s stock traded hands, compared to its average volume of 7,787. Belive has a one year low of $1.85 and a one year high of $6.40. The stock has a 50 day moving average of $3.49 and a 200 day moving average of $3.40.

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.