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

by · The Markets Daily

Life360, Inc. (OTCMKTS:LIFX – Get Free Report) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 44,394 shares, a decrease of 58.7% from the June 30th total of 107,454 shares. Based on an average trading volume of 835 shares, the short-interest ratio is presently 53.2 days.

Life360 Stock Performance

Shares of Life360 stock remained flat at $17.13 during trading hours on Wednesday. 20 shares of the stock were exchanged, compared to its average volume of 19,427. The business’s 50 day moving average price is $15.70 and its 200 day moving average price is $20.14. Life360 has a one year low of $12.54 and a one year high of $17.13.

Life360 Company Profile

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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.

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