Beamr Imaging Ltd. (NASDAQ:BMR) Short Interest Up 49.2% in January

Beamr Imaging Ltd. (NASDAQ:BMR) was the target of a large growth in short interest in January. As of January 30th, there was short interest totaling 489,010 shares, a growth of 49.2% from the January 15th total of 327,850 shares. Based on an average daily trading volume, of 387,729 shares, the short-interest ratio is presently 1.3 days. Based on an average daily trading volume, of 387,729 shares, the short-interest ratio is presently 1.3 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Two Sigma Investments LP bought a new position in shares of Beamr Imaging during the third quarter valued at approximately $33,000. Renaissance Technologies LLC grew its stake in shares of Beamr Imaging by 56.2% in the 4th quarter. Renaissance Technologies LLC now owns 41,700 shares of the company’s stock worth $65,000 after purchasing an additional 15,000 shares during the last quarter. Cubist Systematic Strategies LLC bought a new position in shares of Beamr Imaging in the first quarter valued at $84,000. Finally, Susquehanna International Group LLP boosted its position in shares of Beamr Imaging by 15.2% in the 3rd quarter. Susquehanna International Group LLP now owns 57,450 shares of the company’s stock valued at $176,000 after purchasing an additional 7,600 shares during the period. Institutional investors and hedge funds own 0.71% of the company’s stock.

Beamr Imaging Trading Down 0.6%

Shares of BMR traded down $0.01 during midday trading on Friday, reaching $1.68. 33,440 shares of the company were exchanged, compared to its average volume of 244,427. Beamr Imaging has a 1-year low of $1.54 and a 1-year high of $4.32. The stock has a 50-day moving average price of $1.94 and a 200-day moving average price of $2.44.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Beamr Imaging in a research report on Monday, December 22nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Beamr Imaging has an average rating of “Sell”.

Beamr Imaging Company Profile

Beamr Imaging (NASDAQ: BMR) is a technology company specializing in perceptual image and video compression solutions. The company develops software encoders and cloud-based optimization tools that reduce file sizes while preserving visual quality. Its proprietary technology analyzes visual data in accordance with human perception, allowing media providers to deliver high-resolution content with lower bandwidth consumption.

Beamr’s product suite includes an image optimization SDK, a video encoder that supports multiple codecs, and an API for cloud integration.