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

Belive Holdings (NASDAQ:BLIV) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totaling 2,219 shares, a decrease of 37.9% from the December 31st total of 3,571 shares. Based on an average daily volume of 7,548 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 7,548 shares, the days-to-cover ratio is presently 0.3 days.

Belive Trading Down 0.3%

NASDAQ BLIV traded down $0.01 during trading on Friday, hitting $3.28. The stock had a trading volume of 1,615 shares, compared to its average volume of 7,123. Belive has a 12 month low of $1.85 and a 12 month high of $6.40. The company’s 50-day moving average price is $3.42 and its two-hundred day moving average price is $3.39.

Analysts Set New Price Targets

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Belive stock. Marex Group plc purchased a new stake in Belive Holdings (NASDAQ:BLIV) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 15,060 shares of the company’s stock, valued at approximately $48,000.

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.