Beamr Imaging Ltd. (NASDAQ:BMR) Short Interest Update

Beamr Imaging Ltd. (NASDAQ:BMR) experienced a significant rise in short interest during December. By December 31st, there were 836,800 shares that were sold short, representing an increase of 34.0% from the earlier total of 624,300 shares noted on December 15th. This means that around 7.8% of the company's total shares are currently short sold. The average daily trading volume stands at 365,000 shares, giving a short-interest ratio of 2.3 days.

Current Stock Performance

Recently, shares of BMR traded down by $0.09, reaching $3.91 during trading hours on Thursday. The trading volume for that day was 683,840 shares, surpassing the average volume of 565,094. Beamr Imaging's stock has fluctuated over the past year, hitting a low of $1.37 and a high of $34.94. The company's fifty-day moving average is currently $3.62.

About Beamr Imaging

Beamr Imaging Ltd. is known for providing innovative video encoding, transcoding, and optimization solutions across the United States, Israel, and beyond. Their offerings include a comprehensive suite of video compression software encoder solutions such as Beamr 4 H.264, Beamr 4X H.264, Beamr 5 HEVC, and Beamr 5X HEVC. Additionally, they provide the JPEGmini software for photo optimization, which helps reduce JPEG file sizes effectively.

Conclusion

In summary, the uptick in short interest for Beamr Imaging reflects a growing interest from investors, which could indicate market sentiment surrounding the company. Nonetheless, potential investors should always consider the wider market context and analysts' insights before making investment decisions.

Beamr, stocks, shortinterest