Life360, Inc. (OTCMKTS:LIFX) Sees Large Increase in Short Interest

Life360, Inc. (OTCMKTS:LIFX) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 918,346 shares, an increase of 938.0% from the April 30th total of 88,472 shares. Based on an average daily volume of 13,731 shares, the short-interest ratio is presently 66.9 days.

Life360 Price Performance

Shares of OTCMKTS:LIFX remained flat at $14.27 during midday trading on Friday. The firm’s 50-day moving average is $20.25 and its 200-day moving average is $22.99. Life360 has a 1 year low of $12.54 and a 1 year high of $14.27.

Life360 Company Profile

Life360, Inc operates a technology platform to locate people, pets, and things in North America, Europe, the Middle East, Africa, and internationally. The company provides Life360 mobile application under the freemium model, which offers its services to users at no charge; and provides Life360 Platform, which offers location coordination and safety, driving safety, digital safety, and emergency assistance services. It also provides tile hardware tracking devices to locate lost devices sold through online and brick and mortar retail channels, as well as directly through Tile.com; tile mobile application that includes a free service, as well as two paid subscription options, such as Premium and Premium Protect to offer additional services, including warranties and item reimbursement; Jiobit subscriptions; and Jiobit wearable location devices for young children, pets, and seniors primarily in the United States through online retailers.