Life360, Inc. (OTCMKTS:LIFX) Sees Large Increase in Short Interest

Life360, Inc. (OTCMKTS:LIFX) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totaling 145,185 shares, an increase of 282.1% from the May 31st total of 38,000 shares. Based on an average daily trading volume, of 9,559 shares, the days-to-cover ratio is presently 15.2 days.

Life360 Stock Performance

OTCMKTS:LIFX remained flat at $15.28 during trading hours on Friday. The business’s fifty day moving average price is $17.15 and its two-hundred day moving average price is $21.53. Life360 has a fifty-two week low of $12.54 and a fifty-two week high of $15.52.

About Life360

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.