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

Beamr Imaging Ltd. (NASDAQ:BMR) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 836,800 shares, an increase of 34.0% from the December 15th total of 624,300 shares. Approximately 7.8% of the shares of the company are sold short. Based on an average daily volume of 365,000 shares, the short-interest ratio is presently 2.3 days.

Beamr Imaging Trading Down 1.0 %

Shares of Beamr Imaging stock opened at $3.87 on Friday. Beamr Imaging has a 52-week low of $1.41 and a 52-week high of $34.94. The company’s 50-day simple moving average is $3.66 and its 200-day simple moving average is $3.78.

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.