What’s Livexlive Media Inc (NASDAQ:LIVX) Upside After This Short Interest Decrease?

May 31, 2018 - By Richard Conner

LiveXLive Media, Inc. (NASDAQ:LIVX) Logo

The stock of Livexlive Media Inc (NASDAQ:LIVX) registered a decrease of 13.04% in short interest. LIVX’s total short interest was 22,000 shares in May as published by FINRA. Its down 13.04% from 25,300 shares, reported previously. With 7,000 shares average volume, it will take short sellers 3 days to cover their LIVX’s short positions. The short interest to Livexlive Media Inc’s float is 0.11%.

The stock increased 7.02% or $0.28 during the last trading session, reaching $4.29. About 64,991 shares traded or 41.48% up from the average. LiveXLive Media, Inc. (NASDAQ:LIVX) has 0.00% since May 31, 2017 and is . It has underperformed by 12.57% the S&P500.

LiveXLive Media, Inc. operates Internet networks for live music and music-related video content. The company has market cap of $219.92 million. The firm operates through three divisions: Corporate, Live Events, and Ticketing. It currently has negative earnings. The Company’s network operates as an online destination for music fans to enjoy live performances from music venues and music festivals, such as Rock in Rio, Hangout Music Festival, and Outside Lands Music and Arts Festival, as well as original content, artist exclusives, and industry interviews.

More notable recent LiveXLive Media, Inc. (NASDAQ:LIVX) news were published by: Benzinga.com which released: “32 Stocks Moving In Monday’s Mid-Day Session” on May 21, 2018, also Prnewswire.com with their article: “LiveXLive Media To Livestream Country 500 Music Festival From The Daytona International Speedway” published on May 24, 2018, Prnewswire.com published: “Sziget Festival And LiveXLive Sign Livestream And Content Distribution Partnership” on May 31, 2018. More interesting news about LiveXLive Media, Inc. (NASDAQ:LIVX) were released by: Benzinga.com and their article: “36 Biggest Movers From Friday” published on May 21, 2018 as well as Benzinga.com‘s news article titled: “23 Stocks Moving In Monday’s Pre-Market Session” with publication date: May 21, 2018.

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