Short Interest in Beamr Imaging Ltd. (NASDAQ:BMR) Decreases By 22.2%

Beamr Imaging Ltd. (NASDAQ:BMR) was the target of a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 320,618 shares, a drop of 22.2% from the February 26th total of 412,350 shares. Approximately 2.5% of the shares of the company are short sold. Based on an average trading volume of 47,127 shares, the short-interest ratio is currently 6.8 days.

Institutional Investors Weigh In On Beamr Imaging

Several large investors have recently modified their holdings of BMR. Cubist Systematic Strategies LLC acquired a new stake in shares of Beamr Imaging in the 1st quarter valued at $84,000. Renaissance Technologies LLC increased its position in shares of Beamr Imaging by 56.2% during 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 in the last quarter. Two Sigma Investments LP bought a new position in Beamr Imaging during the 3rd quarter valued at about $33,000. Finally, Susquehanna International Group LLP lifted its holdings in Beamr Imaging by 15.2% during 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 last quarter. 0.71% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Beamr Imaging in a report on Monday, December 22nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.

Beamr Imaging Stock Performance

Shares of BMR opened at $1.42 on Friday. Beamr Imaging has a 12-month low of $1.38 and a 12-month high of $4.32. The stock’s 50-day moving average price is $1.75 and its 200 day moving average price is $2.18.

Beamr Imaging (NASDAQ:BMR) last issued its 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.

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.