Short Interest in Beamr Imaging Ltd. (NASDAQ:BMR) Rises By 49.2%

Beamr Imaging Ltd. (NASDAQ:BMR) was the target of a significant growth in short interest during the month of 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 days-to-cover ratio is presently 1.3 days. Based on an average daily trading volume, of 387,729 shares, the days-to-cover ratio is presently 1.3 days.

Institutional Investors Weigh In On Beamr Imaging

A number of large investors have recently added to or reduced their stakes in BMR. Two Sigma Investments LP purchased a new stake in Beamr Imaging during the 3rd quarter valued at $33,000. Renaissance Technologies LLC increased its position in 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 last quarter. Cubist Systematic Strategies LLC purchased a new stake in Beamr Imaging during the first quarter valued at $84,000. Finally, Susquehanna International Group LLP lifted its holdings in Beamr Imaging by 15.2% in the third quarter. Susquehanna International Group LLP now owns 57,450 shares of the company’s stock valued at $176,000 after acquiring an additional 7,600 shares during the period. Institutional investors own 0.71% of the company’s stock.

Beamr Imaging Stock Performance

BMR opened at $1.68 on Monday. The company’s 50-day simple moving average is $1.94 and its two-hundred day simple moving average is $2.44. Beamr Imaging has a 52-week low of $1.54 and a 52-week high of $4.32.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued 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, the stock presently has a consensus 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.