Short Interest in Beamr Imaging Ltd. (NASDAQ:BMR) Expands By 34.0%

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

Beamr Imaging Trading Down 2.7 %

BMR traded down $0.10 during trading on Thursday, reaching $3.59. 53,870 shares of the company traded hands, compared to its average volume of 414,221. Beamr Imaging has a 12-month low of $1.50 and a 12-month high of $34.94. The firm has a fifty day simple moving average of $3.82 and a 200 day simple moving average of $3.71.

About Beamr Imaging

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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.

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