Marin Software Incorporated (NASDAQ:MRIN) Short Interest Update

Marin Software Incorporated (NASDAQ:MRIN) saw a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 46,900 shares, a decrease of 19.0% from the February 28th total of 57,900 shares. Based on an average daily volume of 23,000 shares, the days-to-cover ratio is presently 2.0 days. Approximately 1.6% of the shares of the company are sold short.

Marin Software Stock Performance

Marin Software stock remained flat at $1.35 during mid-day trading on Tuesday. The company’s stock had a trading volume of 157,369 shares, compared to its average volume of 540,040. The company has a fifty day moving average of $1.77 and a 200 day moving average of $2.01. Marin Software has a fifty-two week low of $1.33 and a fifty-two week high of $5.45. The stock has a market capitalization of $4.24 million, a PE ratio of -0.34 and a beta of 0.63.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on Marin Software in a report on Wednesday, January 15th. They set a “hold” rating for the company.

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.