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

Beamr Imaging Ltd. (NASDAQ:BMR) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 836,800 shares, an increase of 34.0% from the December 31st total of 624,300 shares. Currently, 7.8% of the shares of the company are short sold. Based on an average daily trading volume, of 365,000 shares, the days-to-cover ratio is currently 2.3 days.

Beamr Imaging Stock Down 2.7 %

Shares of BMR traded down $0.10 during mid-day trading on Thursday, hitting $3.59. 53,870 shares of the company traded hands, compared to its average volume of 414,221. Beamr Imaging has a 1 year low of $1.50 and a 1 year high of $34.94. The stock has a 50-day moving average price of $3.82 and a two-hundred day moving average price of $3.71.

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.