<div id="readability-page-1"><p>Brightcove Inc. (NASDAQ:BCOV - Get Free Report) was the recipient of a large drop in short interest in October. As of October 31st, there was short interest totalling 249,300 shares,  a drop of 18.2% from the October 15th total of 304,900 shares. Based on an average daily volume of 186,700 shares, the short-interest ratio is currently 1.3 days.</p><h2>Analysts Set New Price Targets</h2><p>A number of research analysts have recently weighed in on BCOV shares. Lake Street Capital raised shares of Brightcove from a &#34;hold&#34; rating to a &#34;buy&#34; rating and raised their price objective for the stock from $2.75 to $3.50 in a research note on Tuesday, November 5th. StockNews.com raised Brightcove from a &#34;buy&#34; rating to a &#34;strong-buy&#34; rating in a research report on Tuesday.</p><p><b>Read Our Latest Report on BCOV</b></p><h2>Brightcove Trading Up 1.3 %</h2><p>Shares of BCOV stock traded up $0.04 on Friday, reaching $3.04. 444,439 shares of the stock were exchanged, compared to its average volume of 241,066. The firm has a 50 day moving average of $2.27 and a two-hundred day moving average of $2.21. Brightcove has a 1-year low of $1.55 and a 1-year high of $3.06. </p><h2>Insider Activity at Brightcove</h2><p>In other Brightcove news, major shareholder Edenbrook Capital, Llc acquired 20,000 shares of the stock in a transaction that occurred on Thursday, September 26th. The shares were purchased at an average cost of $2.07 per share, with a total value of $41,400.00. Following the purchase, the insider now owns 6,651,535 shares in the company, valued at approximately $13,768,677.45. The trade was a 0.30 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders bought 48,988 shares of company stock valued at $100,789 in the last ninety days. Corporate insiders own  3.70% of the company's stock. </p><h2>Institutional Investors Weigh In On Brightcove</h2><p>A number of institutional investors have recently added to or reduced their stakes in BCOV. Edenbrook Capital LLC grew its holdings in shares of  Brightcove by 1.8% during the 3rd quarter. Edenbrook Capital LLC now owns 6,651,535 shares of the software maker's stock worth $14,367,000 after purchasing an additional 120,121 shares during the period.  Lynrock Lake LP lifted its position in  Brightcove by 2.3% during the second quarter. Lynrock Lake LP now owns 4,407,745 shares of the software maker's stock valued at $10,446,000 after buying an additional 100,000 shares in the last quarter.  Nantahala Capital Management LLC purchased a new stake in  Brightcove during the second quarter worth approximately $3,114,000.  Acadian Asset Management LLC grew its stake in  Brightcove by 17.3% during the second quarter. Acadian Asset Management LLC now owns 940,508 shares of the software maker's stock worth $2,227,000 after buying an additional 139,049 shares during the period.  Finally, First Eagle Investment Management LLC increased its position in shares of  Brightcove by 81.4% in the second quarter. First Eagle Investment Management LLC now owns 600,334 shares of the software maker's stock worth $1,423,000 after acquiring an additional 269,302 shares in the last quarter. Hedge funds and other institutional investors own  80.12% of the company's stock. </p><h2>Brightcove Company Profile</h2> (Get Free Report)<p>Brightcove Inc provides cloud-based streaming services the Americas, Europe, the Asia Pacific, Japan, India, and the Middle East. It offers Video Cloud, an online video streaming platform that enables its customers to publish, deliver, and distribute high-quality video to internet-connected devices. The company's solutions and products comprise Brightcove Marketing Studio, a video streaming solution; Brightcove Communications Studio for marketers and corporate communications professionals; Brightcove Media Studio, a solution for over-the-top (OTT) video services, media publishers, and leading broadcasters to monetize their media, live stream at scale, and nurture their audience lifecycle; Brightcove Audience Insights, a customer data platform for video streaming businesses; Zencoder, a cloud-based video encoding service; and Brightcove Beacon, a platform that enables its customers to launch premium OTT video streaming experiences, as well as Brightcove Marketplace.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Brightcove</li><li>What are earnings reports?</li><li>How Whitestone REIT is Transforming Sunbelt Retail Growth</li><li>What is Short Interest? How to Use It</li><li>Top-Performing Non-Leveraged ETFs This Year</li><li>High Flyers: 3 Natural Gas Stocks for March 2022</li><li>Rivian's Wild Ride: Is the Dip a Buying Opportunity?</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. 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BCOV

<p>Brightcove Inc. (NASDAQ:BCOV) experienced an 18.2% decrease in short interest in October, with a total of 249,300 shares as of October 31st. Analysts have raised their ratings on the stock, with Lake Street Capital upgrading it to "buy" and increasing the price target. The stock traded up 1.3% recently, with significant insider activity noted. Institutional investors hold 80.12% of the company's shares, reflecting strong interest in Brightcove's cloud-based streaming services.</p>

Brightcove Inc. (NASDAQ:BCOV) Short Interest Down 18.2% in October