Short Interest in Belive Holdings (NASDAQ:BLIV) Drops By 35.8%

Belive Holdings (NASDAQ:BLIV) was the recipient of a significant decline in short interest in April. As of April 30th, there was short interest totaling 928 shares, a decline of 35.8% from the April 15th total of 1,445 shares. Based on an average trading volume of 1,186 shares, the days-to-cover ratio is currently 0.8 days.

Belive Stock Performance

BLIV stock opened at $2.35 on Wednesday. The business has a 50-day moving average price of $2.35 and a 200 day moving average price of $3.03. Belive has a 1-year low of $1.85 and a 1-year high of $5.20.

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

Hedge Funds Weigh In On Belive

A hedge fund recently bought a new stake in Belive stock. Marex Group plc bought a new stake in Belive Holdings (NASDAQ:BLIV) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 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.