Short Interest in Belive Holdings (NASDAQ:BLIV) Increases By 101.0%

Belive Holdings (NASDAQ:BLIV) was the target of a large increase in short interest in the month of March. As of March 31st, there was short interest totaling 2,744 shares, an increase of 101.0% from the March 15th total of 1,365 shares. Based on an average daily trading volume, of 2,393 shares, the days-to-cover ratio is currently 1.1 days.

Belive Trading Down 7.9%

Shares of NASDAQ:BLIV opened at $2.20 on Tuesday. Belive has a one year low of $1.85 and a one year high of $5.20. The business’s 50-day simple moving average is $2.80 and its 200 day simple moving average is $3.26.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Belive stock. Marex Group plc purchased a new position 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 purchased 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.