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

Beamr Imaging Ltd. (NASDAQ:BMR) was the target of a large drop in short interest in November. As of November 15th, there was short interest totalling 440,600 shares, a drop of 8.2% from the October 31st total of 480,100 shares. Currently, 4.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 157,700 shares, the days-to-cover ratio is currently 2.8 days.

Beamr Imaging Stock Up 0.9 %

BMR stock traded up $0.03 during mid-day trading on Tuesday, hitting $3.19. The company had a trading volume of 62,777 shares, compared to its average volume of 2,067,804. The firm’s 50-day moving average price is $3.23. Beamr Imaging has a 12-month low of $1.11 and a 12-month high of $34.94.

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.