Beamr Imaging Ltd. (NASDAQ:BMR) Short Interest Up 40.2% in September

Beamr Imaging Ltd. (NASDAQ:BMR) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 465,900 shares, an increase of 40.2% from the September 15th total of 332,400 shares. Based on an average daily trading volume, of 310,000 shares, the short-interest ratio is presently 1.5 days. Approximately 4.8% of the company’s shares are sold short.

Beamr Imaging Price Performance

Shares of BMR traded down $0.05 during trading hours on Monday, reaching $3.46. The company’s stock had a trading volume of 188,082 shares, compared to its average volume of 2,404,438. The firm has a 50 day moving average of $3.61. Beamr Imaging has a 1-year low of $0.91 and a 1-year high of $34.94.

Beamr Imaging Company Profile

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.