LiveWire Group, Inc. (NYSE:LVWR) Short Interest Update

LiveWire Group, Inc. (NYSE:LVWR - Get Free Report) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 729,700 shares, an increase of 21.7% from the April 30th total of 599,700 shares. Approximately 8.1% of the shares of the company are sold short. Based on an average daily volume of 1,300,000 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. increased its stake in shares of LiveWire Group by 14.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 46,511 shares of the company's stock worth $224,000 after purchasing an additional 5,968 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of LiveWire Group by 120.5% in the 4th quarter. JPMorgan Chase & Co. now owns 66,523 shares of the company's stock worth $320,000 after buying an additional 36,357 shares in the last quarter. Wexford Capital LP purchased a new position in shares of LiveWire Group in the 4th quarter worth $87,000. Nuveen LLC purchased a new position in shares of LiveWire Group in the 1st quarter worth $43,000. Finally, Rhumbline Advisers grew its stake in shares of LiveWire Group by 21.9% in the 1st quarter. Rhumbline Advisers now owns 17,655 shares of the company's stock worth $35,000 after buying an additional 3,167 shares in the last quarter. 0.88% of the stock is currently owned by institutional investors.

LiveWire Group Price Performance

LiveWire Group stock traded down $0.09 during midday trading on Thursday, reaching $5.60. 2,733,550 shares of the company traded hands, compared to its average volume of 967,684. The firm has a market capitalization of $1.14 billion, a price-to-earnings ratio of -12.16 and a beta of 1.73. The business has a 50 day moving average of $2.01 and a two-hundred day moving average of $3.23. LiveWire Group has a 12 month low of $0.93 and a 12 month high of $9.00.

LiveWire Group (NYSE:LVWR - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The company reported ($0.09) earnings per share for the quarter. LiveWire Group had a negative return on equity of 58.65% and a negative net margin of 352.66%. The business had revenue of $2.74 million during the quarter.

LiveWire Group Company Profile

LiveWire Group, Inc manufactures electric motorcycles in the United States and internationally. It operates in two segments Electric Motorcycles and STACYC. The company designs and sells electric motorcycles and parts, accessories, and apparel; and electric balance bikes for kids. It serves wholesalers, independent dealers, retailers, and through online.