Life360, Inc. (OTCMKTS:LIFX) Short Interest Down 95.9% in May

Life360, Inc. (OTCMKTS:LIFX) was the target of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 38,000 shares, a decrease of 95.9% from the May 14th total of 918,346 shares. Based on an average daily trading volume, of 5 shares, the days-to-cover ratio is presently 7,600.0 days.

Life360 Price Performance

LIFX remained flat at $14.98 during trading on Thursday. 10 shares of the company’s stock traded hands, compared to its average volume of 53,300. Life360 has a 1-year low of $12.54 and a 1-year high of $14.98. The business’s fifty day moving average is $18.98 and its 200 day moving average is $22.36.

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.