Beamr Imaging Ltd. (NASDAQ:BMR) Short Interest Down 22.2% in March

Beamr Imaging Ltd. (NASDAQ:BMR) saw a significant drop in short interest in 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. Currently, 2.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 47,127 shares, the short-interest ratio is currently 6.8 days.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Two Sigma Investments LP acquired a new stake in shares of Beamr Imaging during the 3rd quarter worth approximately $33,000. Cubist Systematic Strategies LLC acquired a new stake in shares of Beamr Imaging during the first quarter worth $84,000. Renaissance Technologies LLC increased its holdings in Beamr Imaging by 56.2% in the fourth quarter. Renaissance Technologies LLC now owns 41,700 shares of the company’s stock valued at $65,000 after purchasing an additional 15,000 shares during the last quarter. Finally, Susquehanna International Group LLP increased its stake in shares of Beamr Imaging by 15.2% in the 3rd 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 last quarter. Institutional investors own 0.71% of the company’s stock.

Beamr Imaging Trading Down 5.3%

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

Beamr Imaging (NASDAQ:BMR) last posted its quarterly earnings data on Thursday, February 26th. The company reported ($0.09) earnings per share for the quarter. The company had revenue of $1.01 million for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings restated 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, According to MarketBeat.com, Beamr Imaging presently has an average 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.