Life360, Inc. (OTCMKTS:LIFX) Sees Significant Growth in Short Interest

Life360, Inc. (OTCMKTS:LIFX) was the target of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 918,346 shares, a growth 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 currently 66.9 days.

Life360 Stock Performance

OTCMKTS LIFX remained flat at $14.27 during trading on Wednesday. 1 shares of the company’s stock were exchanged, compared to its average volume of 100. The company has a 50-day simple moving average of $20.59 and a 200 day simple moving average of $23.19. Life360 has a 1-year low of $12.54 and a 1-year high of $14.27.

About Life360

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.