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

Beamr Imaging Ltd. (NASDAQ:BMR) was the target of a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 471,300 shares, a growth of 7.0% from the November 15th total of 440,600 shares. Based on an average daily trading volume, of 191,700 shares, the days-to-cover ratio is presently 2.5 days. Currently, 4.4% of the company’s stock are short sold.

Beamr Imaging Stock Down 5.6 %

Beamr Imaging stock traded down $0.24 during trading on Tuesday, reaching $4.05. The stock had a trading volume of 165,438 shares, compared to its average volume of 2,004,199. Beamr Imaging has a 52-week low of $1.11 and a 52-week high of $34.94. The firm has a 50 day moving average of $3.21.

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.