Beamr Imaging Ltd. (NASDAQ:BMR) Short Interest Up 29.7% in February

Beamr Imaging Ltd. (NASDAQ:BMR) was the recipient of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 523,200 shares, a growth of 29.7% from the February 13th total of 403,300 shares. Based on an average daily volume of 410,900 shares, the short-interest ratio is currently 1.3 days. Approximately 4.9% of the shares of the company are sold short.

Beamr Imaging Trading Up 7.3 %

Shares of NASDAQ:BMR opened at $2.49 on Monday. The firm’s 50 day moving average price is $3.31 and its 200-day moving average price is $3.43. Beamr Imaging has a twelve month low of $2.24 and a twelve month high of $8.42.

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.