Beamr Imaging Ltd. (NASDAQ:BMR) Short Interest Down 29.9% in December

Beamr Imaging Ltd. (NASDAQ:BMR) saw a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 257,903 shares, a drop of 29.9% from the December 15th total of 367,977 shares. Approximately 2.0% of the shares of the company are short sold. Based on an average daily trading volume, of 153,549 shares, the days-to-cover ratio is presently 1.7 days. Based on an average daily trading volume, of 153,549 shares, the days-to-cover ratio is presently 1.7 days. Approximately 2.0% of the shares of the company are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed 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, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

Hedge Funds Weigh In On Beamr Imaging

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Cubist Systematic Strategies LLC acquired a new position in Beamr Imaging during the 1st quarter valued at about $84,000. Two Sigma Investments LP bought a new position in shares of Beamr Imaging in the third quarter valued at approximately $33,000. Finally, Susquehanna International Group LLP increased its stake in shares of Beamr Imaging by 15.2% during 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 Trading Down 3.0%

Shares of BMR stock opened at $1.91 on Monday. Beamr Imaging has a 1 year low of $1.54 and a 1 year high of $4.37. The stock has a fifty day moving average of $2.04 and a two-hundred day moving average of $2.64.

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.