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

Belive Holdings (NASDAQ:BLIV) was the recipient of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 928 shares, a drop 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 presently 0.8 days.

Belive Trading Up 1.2%

NASDAQ:BLIV traded up $0.03 during mid-day trading on Monday, reaching $2.46. 398 shares of the stock were exchanged, compared to its average volume of 6,471. The company has a 50 day simple moving average of $2.38 and a 200-day simple moving average of $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 quarterly earnings data on Friday, May 15th. The company reported $0.18 earnings per share for the quarter. The company had revenue of ($137.43) million for the quarter.

Institutional Trading of Belive

A hedge fund recently bought a new stake in Belive stock. Marex Group plc purchased a new stake in Belive Holdings (NASDAQ:BLIV) in the 2nd quarter, according to its most recent Form 13F filing 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.