Beamr Imaging Ltd. (NASDAQ:BMR) Short Interest Down 8.2% in October

Beamr Imaging Ltd. (NASDAQ:BMR) was the target of a significant 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. Currently, 4.4% of the company’s stock are sold short. Based on an average daily volume of 296,000 shares, the short-interest ratio is presently 1.4 days.

Beamr Imaging Price Performance

BMR traded down $0.16 during trading hours on Thursday, hitting $3.08. 136,423 shares of the stock were exchanged, compared to its average volume of 2,264,439. The stock has a 50-day simple moving average of $3.52. Beamr Imaging has a 12 month low of $0.91 and a 12 month 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.