Marin Software Incorporated (NASDAQ:MRIN) Short Interest Up 20.8% in May

Marin Software Incorporated (NASDAQ:MRIN) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totalling 247,700 shares, a growth of 20.8% from the April 30th total of 205,100 shares. Approximately 8.5% of the company’s stock are short sold. Based on an average daily trading volume, of 1,580,000 shares, the short-interest ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen started coverage on shares of Marin Software in a research note on Wednesday, May 21st. They issued a “hold” rating on the stock.

Marin Software Stock Down 3.5%

Shares of Marin Software stock opened at $0.75 on Thursday. The firm has a market capitalization of $2.39 million, a P/E ratio of -0.19 and a beta of 0.58. Marin Software has a 52 week low of $0.41 and a 52 week high of $3.39. The firm’s 50 day moving average is $0.89 and its two-hundred day moving average is $1.58.

About Marin Software

Marin Software Incorporated, together with its subsidiaries, provides enterprise marketing software for advertisers and agencies in the United States, the United Kingdom, and internationally. It offers MarinOne, a search, social, and eCommerce advertising platform, as well as self-serves solutions and managed services.