Short Interest in Beamr Imaging Ltd. (NASDAQ:BMR) Drops By 12.2%

Beamr Imaging Ltd. (NASDAQ:BMR) saw a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 412,350 shares, a drop of 12.2% from the February 12th total of 469,710 shares. Based on an average daily volume of 48,601 shares, the short-interest ratio is currently 8.5 days. Based on an average daily volume of 48,601 shares, the short-interest ratio is currently 8.5 days.

Institutional Investors Weigh In On Beamr Imaging

A number of institutional investors have recently made changes to their positions in BMR. Susquehanna International Group LLP grew its stake in Beamr Imaging by 15.2% during the 3rd quarter. Susquehanna International Group LLP now owns 57,450 shares of the company’s stock worth $176,000 after buying an additional 7,600 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in shares of Beamr Imaging by 56.2% during the fourth quarter. Renaissance Technologies LLC now owns 41,700 shares of the company’s stock valued at $65,000 after acquiring an additional 15,000 shares during the period. Cubist Systematic Strategies LLC bought a new position in shares of Beamr Imaging during the first quarter worth about $84,000. Finally, Two Sigma Investments LP acquired a new stake in shares of Beamr Imaging in the 3rd quarter worth about $33,000. 0.71% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

Beamr Imaging Stock Down 4.6%

Beamr Imaging stock opened at $1.65 on Thursday. Beamr Imaging has a 12-month low of $1.54 and a 12-month high of $4.32. The firm’s fifty day moving average price is $1.81 and its 200 day moving average price is $2.24.

Beamr Imaging (NASDAQ:BMR) last issued its quarterly earnings results on Thursday, February 26th. The company reported ($0.09) EPS for the quarter. The company had revenue of $1.01 million during the quarter.

About Beamr Imaging

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.