Beamr Imaging Ltd. (NASDAQ:BMR) Short Interest Up 40.2% in September

Beamr Imaging Ltd. (NASDAQ:BMR) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 465,900 shares, a growth of 40.2% from the September 15th total of 332,400 shares. Currently, 4.8% of the company’s stock are sold short. Based on an average trading volume of 310,000 shares, the short-interest ratio is presently 1.5 days.

Beamr Imaging Price Performance

Shares of Beamr Imaging stock traded up $0.05 during trading hours on Friday, hitting $3.51. 56,956 shares of the company’s stock traded hands, compared to its average volume of 2,415,684. Beamr Imaging has a 12-month low of $0.91 and a 12-month high of $34.94. The stock’s fifty day moving average is $3.61.

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.