Beamr Imaging Ltd. (NASDAQ:BMR) Sees Significant Increase in Short Interest

Beamr Imaging Ltd. (NASDAQ:BMR) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 332,400 shares, an increase of 21.3% from the August 31st total of 274,000 shares. Currently, 3.6% of the shares of the company are sold short. Based on an average daily volume of 331,700 shares, the short-interest ratio is presently 1.0 days.

Beamr Imaging Stock Performance

BMR traded up $0.04 during trading on Friday, reaching $3.95. 97,277 shares of the company were exchanged, compared to its average volume of 2,539,704. Beamr Imaging has a 12-month low of $0.91 and a 12-month high of $34.94. The company has a 50-day simple moving average of $3.82.

About Beamr Imaging

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.