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

Belive Holdings (NASDAQ:BLIV) was the target of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 12,700 shares, a decline of 40.4% from the August 31st total of 21,300 shares. Based on an average daily trading volume, of 29,700 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the company’s shares are short sold. Approximately 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 29,700 shares, the short-interest ratio is presently 0.4 days.

Belive Trading Down 0.8%

NASDAQ:BLIV opened at $3.77 on Monday. The firm has a 50-day moving average price of $3.30. Belive has a fifty-two week low of $1.85 and a fifty-two week high of $6.40.

Hedge Funds Weigh In On Belive

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

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e-)” rating on shares of Belive in a research note on Saturday, September 27th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Belive has a consensus rating of “Sell”.

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.