Beamr Imaging Ltd. (NASDAQ:BMR) Sees Large Growth in Short Interest

Beamr Imaging Ltd. (NASDAQ:BMR) saw a significant growth in short interest in November. As of November 30th, there was short interest totalling 471,300 shares, a growth of 7.0% from the November 15th total of 440,600 shares. Approximately 4.4% of the shares of the stock are short sold. Based on an average daily volume of 191,700 shares, the days-to-cover ratio is currently 2.5 days.

Beamr Imaging Trading Down 0.3 %

BMR stock traded down $0.01 during mid-day trading on Monday, reaching $3.69. 59,083 shares of the company’s stock were exchanged, compared to its average volume of 2,009,824. The firm has a 50 day moving average of $3.19. Beamr Imaging has a 12-month low of $1.11 and a 12-month high of $34.94.

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.