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

Beamr Imaging Ltd. (NASDAQ:BMR) was the recipient of a significant increase in short interest during the month of August. As of August 15th, there was short interest totaling 551,800 shares, anincreaseof100.5% from the July 31st total of 275,200 shares. Based on an average daily volume of 464,600 shares, the days-to-cover ratio is currently 1.2 days. Approximately5.1% of the shares of the stock are sold short. Approximately5.1% of the shares of the stock are sold short. Based on an average daily volume of 464,600 shares, the days-to-cover ratio is currently 1.2 days.

Wall Street Analyst Weigh In

Separately, Wall Street Zen lowered Beamr Imaging from a “hold” rating to a “sell” rating in a research report on Saturday, August 9th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Beamr Imaging stock. Cubist Systematic Strategies LLC purchased a new position in shares of Beamr Imaging Ltd. (NASDAQ:BMR) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 38,400 shares of the company’s stock, valued at approximately $84,000. Cubist Systematic Strategies LLC owned 0.30% of Beamr Imaging as of its most recent SEC filing. Hedge funds and other institutional investors own 0.71% of the company’s stock.

Beamr Imaging Trading Down 0.4%

Shares of Beamr Imaging stock opened at $2.69 on Friday. Beamr Imaging has a fifty-two week low of $1.86 and a fifty-two week high of $6.59. The stock has a 50 day moving average of $3.10 and a 200 day moving average of $2.80.

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.