Beamr Imaging Ltd. (NASDAQ:BMR) Sees Large Drop in Short Interest

Beamr Imaging Ltd. (NASDAQ:BMR) saw a significant drop in short interest in the month of August. As of August 15th, there was short interest totalling 280,400 shares, a drop of 68.5% from the July 31st total of 890,500 shares. Based on an average daily volume of 1,310,000 shares, the days-to-cover ratio is presently 0.2 days. Currently, 3.1% of the company’s stock are sold short.

Beamr Imaging Price Performance

NASDAQ:BMR traded up $0.09 during mid-day trading on Thursday, reaching $3.36. The stock had a trading volume of 281,550 shares, compared to its average volume of 2,824,124. Beamr Imaging has a 1-year low of $0.91 and a 1-year high of $34.94. The company has a current ratio of 6.70, a quick ratio of 6.70 and a debt-to-equity ratio of 0.02.

About Beamr Imaging

Beamr Imaging Ltd. provides video encoding, transcoding, and optimization solutions in the United States, Israel, and internationally. It offers a suite of video compression software encoder solutions, including Beamr 4 H.264, Beamr 4X H.264 content adaptive, Beamr 5 HEVC, and Beamr 5X HEVC content adaptive encoders; Beamr JPEGmini photo optimization software solutions for reducing joint photographic experts group file sizes; and Beamr Silicon IP block, a hardware solution for integration into dedicated video encoding application-specific integrated circuits, graphics processing units, and application processors.