Marin Software Incorporated (NASDAQ:MRIN) Short Interest Down 19.0% in March

Marin Software Incorporated (NASDAQ:MRIN) saw a large decline in short interest in March. As of March 15th, there was short interest totalling 46,900 shares, a decline of 19.0% from the February 28th total of 57,900 shares. Based on an average trading volume of 23,000 shares, the days-to-cover ratio is presently 2.0 days. Approximately 1.6% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

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

Marin Software Price Performance

MRIN opened at $1.38 on Monday. The stock has a market capitalization of $4.34 million, a price-to-earnings ratio of -0.35 and a beta of 0.63. The business has a fifty day moving average price of $1.78 and a 200 day moving average price of $2.02. Marin Software has a 12 month low of $1.35 and a 12 month high of $5.45.

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.