Beamr Imaging Ltd. (NASDAQ:BMR) Short Interest Update

Beamr Imaging Ltd. (NASDAQ:BMR) was the target of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 523,200 shares, an increase of 29.7% from the February 13th total of 403,300 shares. Based on an average trading volume of 410,900 shares, the short-interest ratio is currently 1.3 days. Currently, 4.9% of the shares of the company are short sold.

Beamr Imaging Stock Performance

BMR opened at $2.38 on Wednesday. Beamr Imaging has a 1-year low of $2.24 and a 1-year high of $8.42. The stock’s fifty day simple moving average is $3.23 and its 200 day simple moving average is $3.42.

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.