Marin Software Incorporated (NASDAQ:MRIN) Short Interest Update

Marin Software Incorporated (NASDAQ:MRIN) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totalling 68,600 shares, a decrease of 19.7% from the December 31st total of 85,400 shares. Based on an average trading volume of 26,000 shares, the short-interest ratio is presently 2.6 days. Approximately 2.4% of the shares of the company are short sold.

Marin Software Stock Down 0.5 %

Shares of NASDAQ:MRIN traded down $0.01 during trading on Friday, hitting $2.01. 7,457 shares of the company traded hands, compared to its average volume of 16,191. The business’s fifty day moving average is $2.11 and its 200-day moving average is $2.20. The stock has a market capitalization of $6.31 million, a price-to-earnings ratio of -0.51 and a beta of 0.63. Marin Software has a one year low of $1.44 and a one year high of $5.45.

Marin Software (NASDAQ:MRIN) last issued its earnings results on Thursday, October 31st. The company reported ($0.71) earnings per share for the quarter. Marin Software had a negative return on equity of 77.89% and a negative net margin of 71.93%. The company had revenue of $4.28 million during the quarter.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of Marin Software in a research note on Wednesday, January 15th. They set a “hold” rating for the company.

Marin Software Company Profile

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.