WhereDaily News: Analyst Tells CNBC LiveDeal, Inc. Among Most Shorted NASDAQ Stocks While Another Buys Citing Extremely Oversold
NEW YORK, NY--(Marketwired - Apr 17, 2014) - LiveDeal (NASDAQ: LIVE) is among the most shorted stocks on the Nasdaq and as the short interest continues to rise, it certainly explains the company's strong slide from a high of $11.94 on February 14, 2014, to its current price of $4.37. LiveDeal, which operates www.livedeal.com, a unique real-time "deal engine" in the restaurant industry in New York City, Los Angeles, San Francisco and San Diego, has seen its stock price plummet on over 16 percent short interest of shares outstanding.