Beamr Imaging Ltd. (NASDAQ:BMR) Short Interest Up 29.7% in February

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

Beamr Imaging Price Performance

Shares of Beamr Imaging stock opened at $2.49 on Monday. The company’s fifty day simple moving average is $3.31 and its two-hundred day simple moving average is $3.43. Beamr Imaging has a 12-month low of $2.24 and a 12-month high of $8.42.

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.