Beamr Imaging Ltd. (NASDAQ:BMR) Short Interest Update

Beamr Imaging Ltd. (NASDAQ:BMR) saw a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 427,900 shares, a drop of 8.2% from the September 30th total of 465,900 shares. Based on an average daily volume of 296,000 shares, the days-to-cover ratio is currently 1.4 days. Currently, 4.4% of the company’s shares are sold short.

Beamr Imaging Price Performance

Beamr Imaging stock remained flat at $3.30 during midday trading on Wednesday. The company had a trading volume of 55,569 shares, compared to its average volume of 2,274,382. The company has a fifty day moving average of $3.53. Beamr Imaging has a 52-week low of $0.91 and a 52-week 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.