Brightcove Inc. ( NASDAQ:BCOV – Get Rating ) saw a large decline in short interest during the month of April. As of April 30th, there was short interest totalling 329,800 shares, a decline of 26.5% from the April 15th total of 448,600 shares. Based on an average daily volume of 205,700 shares, the short-interest ratio is currently 1.6 days. Analyst Upgrades and Downgrades A number of research firms have recently issued reports on BCOV. StockNews.com began coverage on shares of Brightcove in a research report on Thursday, March 16th.

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