Marin Software Incorporated (NASDAQ:MRIN) Sees Large Drop in Short Interest

Marin Software Incorporated (NASDAQ:MRIN) was the recipient of a large decline in short interest in January. As of January 15th, there was short interest totalling 68,600 shares, a decline of 19.7% from the December 31st total of 85,400 shares. Currently, 2.4% of the company’s stock are sold short. Based on an average trading volume of 26,000 shares, the short-interest ratio is presently 2.6 days.

Marin Software Trading Up 2.0 %

Shares of Marin Software stock traded up $0.04 on Monday, reaching $2.05. 84,012 shares of the company were exchanged, compared to its average volume of 20,201. Marin Software has a one year low of $1.44 and a one year high of $5.45. The company has a market capitalization of $6.44 million, a price-to-earnings ratio of -0.52 and a beta of 0.63. The company has a 50-day moving average of $2.11 and a 200 day moving average of $2.20.

Marin Software (NASDAQ:MRIN) last announced its quarterly earnings data on Thursday, October 31st. The company reported ($0.71) earnings per share (EPS) for the quarter. The company had revenue of $4.28 million for the quarter. Marin Software had a negative return on equity of 77.89% and a negative net margin of 71.93%.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on Marin Software in a research note on Wednesday, January 15th. They set a “hold” rating on the stock.

Marin Software Company Profile

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.