LiveOne, Inc. (NASDAQ:LVO - Get Free Report) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totalling 3,560,000 shares, a growth of 19.1% from the April 30th total of 2,990,000 shares. Based on an average daily trading volume, of 343,600 shares, the days-to-cover ratio is presently 10.4 days. Currently, 4.8% of the company's stock are sold short.
LiveOne Stock Up 2.9%
Shares of LVO traded up $0.02 during mid-day trading on Friday, hitting $0.86. The stock had a trading volume of 298,164 shares, compared to its average volume of 497,862. The company's fifty day simple moving average is $0.72 and its two-hundred day simple moving average is $0.92. LiveOne has a fifty-two week low of $0.55 and a fifty-two week high of $1.89. The company has a market cap of $83.02 million, a PE ratio of -6.65 and a beta of 1.64.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the business. Two Sigma Securities LLC acquired a new stake in LiveOne in the fourth quarter worth $26,000. Price T Rowe Associates Inc. MD raised its stake in shares of LiveOne by 63.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 35,954 shares of the company's stock worth $53,000 after buying an additional 13,900 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in LiveOne by 55.5% in the 4th quarter. Wells Fargo & Company MN now owns 38,201 shares of the company's stock valued at $56,000 after acquiring an additional 13,629 shares during the last quarter. Mariner LLC bought a new stake in LiveOne during the fourth quarter worth approximately $62,000. Finally, Nuveen LLC acquired a new position in shares of LiveOne in the 1st quarter worth $63,000. 21.25% of the stock is currently owned by institutional investors.
About LiveOne
(
Get Free Report)
LiveOne, Inc, a digital media company, engages in the acquisition, distribution, and monetization of live music, Internet radio, podcasting/vodcasting, and music-related streaming and video content. It operates LiveXLive, a live music streaming platform; PodcastOne, a podcasting platform; and Slacker, an integrated membership and advertising streaming music service, as well as produces original music-related content.
Recommended Stories
Before you consider LiveOne, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and LiveOne wasn't on the list.
While LiveOne currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
