Beamr Imaging Ltd. (NASDAQ:BMR) Sees Significant Growth in Short Interest

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

Beamr Imaging Stock Performance

Shares of Beamr Imaging stock traded down $0.01 during midday trading on Friday, hitting $3.58. The company had a trading volume of 124,520 shares, compared to its average volume of 391,821. Beamr Imaging has a 12-month low of $1.50 and a 12-month high of $34.94. The company has a fifty day simple moving average of $3.87 and a 200 day simple moving average of $3.70.

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.