Marin Software Incorporated (NASDAQ:MRIN) Short Interest Down 19.7% in January

Marin Software Incorporated (NASDAQ:MRIN) saw a large drop in short interest in January. As of January 15th, there was short interest totalling 68,600 shares, a drop of 19.7% from the December 31st total of 85,400 shares. Based on an average daily volume of 26,000 shares, the short-interest ratio is currently 2.6 days. Currently, 2.4% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Marin Software in a research note on Wednesday, January 15th. They set a “hold” rating for the company.

Marin Software Price Performance

NASDAQ:MRIN traded up $0.04 during mid-day trading on Monday, reaching $2.05. The stock had a trading volume of 84,012 shares, compared to its average volume of 20,201. Marin Software has a fifty-two week low of $1.44 and a fifty-two week high of $5.45. The business’s 50 day moving average is $2.11 and its 200 day moving average is $2.20. The stock has a market cap of $6.44 million, a P/E ratio of -0.52 and a beta of 0.63.

Marin Software (NASDAQ:MRIN) last announced its quarterly earnings results on Thursday, October 31st. The company reported ($0.71) EPS for the quarter. The company had revenue of $4.28 million for the quarter. Marin Software had a negative net margin of 71.93% and a negative return on equity of 77.89%.

Marin Software Company Profile

Marin Software Incorporated, together with its subsidiaries, provides enterprise marketing software for advertisers and agencies in the United States, the United Kingdom, and internationally. It offers MarinOne, a search, social, and eCommerce advertising platform, as well as self-serves solutions and managed services.