Beamr Imaging Ltd. (NASDAQ:BMR) Sees Large Drop in Short Interest

Beamr Imaging Ltd. (NASDAQ:BMR) saw a significant drop in short interest in November. As of November 15th, there was short interest totalling 440,600 shares, a drop of 8.2% from the October 31st total of 480,100 shares. Based on an average daily trading volume, of 157,700 shares, the short-interest ratio is currently 2.8 days. Currently, 4.1% of the shares of the stock are sold short.

Beamr Imaging Trading Up 2.9 %

Shares of NASDAQ BMR traded up $0.09 during mid-day trading on Wednesday, hitting $3.15. 82,359 shares of the stock were exchanged, compared to its average volume of 2,059,553. Beamr Imaging has a twelve month low of $1.11 and a twelve month high of $34.94. The firm’s fifty day moving average price is $3.21.

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.