Short Interest in Beamr Imaging Ltd. (NASDAQ:BMR) Increases By 29.7%

Beamr Imaging Ltd. (NASDAQ:BMR) was the target of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 523,200 shares, an increase of 29.7% from the February 13th total of 403,300 shares. Based on an average daily volume of 410,900 shares, the days-to-cover ratio is currently 1.3 days. Currently, 4.9% of the shares of the stock are sold short.

Beamr Imaging Stock Up 5.2 %

NASDAQ:BMR opened at $2.62 on Tuesday. Beamr Imaging has a fifty-two week low of $2.24 and a fifty-two week high of $8.42. The firm’s fifty day simple moving average is $3.27 and its 200-day simple moving average is $3.42.

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.