Marin Software Incorporated (NASDAQ:MRIN) Short Interest Update

Marin Software Incorporated (NASDAQ:MRIN) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 85,700 shares, a decrease of 16.1% from the November 30th total of 102,200 shares. Approximately 3.0% of the company’s stock are short sold. Based on an average daily trading volume, of 22,200 shares, the days-to-cover ratio is presently 3.9 days.

Marin Software Price Performance

Shares of MRIN traded up $0.24 during midday trading on Tuesday, hitting $2.21. The stock had a trading volume of 176,312 shares, compared to its average volume of 539,093. The firm has a market cap of $6.95 million, a price-to-earnings ratio of -0.56 and a beta of 0.60. The company has a 50 day simple moving average of $2.09 and a two-hundred day simple moving average of $2.23. Marin Software has a twelve month low of $1.44 and a twelve month high of $5.45.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on shares of Marin Software in a report on Saturday. They set a “hold” rating on the stock.

About Marin Software

Marin Software Incorporated, together with its subsidiaries, provides enterprise marketing software for advertisers and agencies in the United States, the United Kingdom, and internationally. It offers MarinOne, a search, social, and eCommerce advertising platform, as well as self-serves solutions and managed services.