Beamr Imaging Ltd. (NASDAQ:BMR) Short Interest Update

Beamr Imaging Ltd. (NASDAQ:BMR) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 929,900 shares, a growth of 53.8% from the August 31st total of 604,700 shares. Currently, 8.5% of the shares of the company are sold short. Based on an average daily volume of 428,700 shares, the days-to-cover ratio is currently 2.2 days. Based on an average daily volume of 428,700 shares, the days-to-cover ratio is currently 2.2 days. Currently, 8.5% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

A number of research firms recently commented on BMR. Wall Street Zen cut shares of Beamr Imaging from a “hold” rating to a “sell” rating in a report on Saturday, August 9th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Beamr Imaging in a report on Wednesday. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Beamr Imaging stock. Cubist Systematic Strategies LLC acquired a new stake in Beamr Imaging Ltd. (NASDAQ:BMR) in the first quarter, according to its most recent filing with the SEC. The fund acquired 38,400 shares of the company’s stock, valued at approximately $84,000. Cubist Systematic Strategies LLC owned approximately 0.30% of Beamr Imaging at the end of the most recent quarter. 0.71% of the stock is owned by institutional investors.

Beamr Imaging Trading Down 2.6%

Beamr Imaging stock opened at $2.97 on Thursday. Beamr Imaging has a 1-year low of $1.86 and a 1-year high of $6.59. The firm has a 50 day simple moving average of $2.96 and a 200 day simple moving average of $2.87.

Beamr Imaging Company Profile

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.