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

Beamr Imaging Ltd. (NASDAQ:BMR) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totalling 836,800 shares, an increase of 34.0% from the December 15th total of 624,300 shares. Currently, 7.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 365,000 shares, the short-interest ratio is currently 2.3 days.

Beamr Imaging Price Performance

Shares of BMR opened at $3.87 on Friday. Beamr Imaging has a 12-month low of $1.41 and a 12-month high of $34.94. The firm has a 50-day moving average price of $3.66 and a 200 day moving average price of $3.78.

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.