Short Interest in Creative Realities, Inc. (NASDAQ:CREX) Expands By 7.5%

Creative Realities, Inc. (NASDAQ:CREXGet Free Report) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 8,600 shares, a growth of 7.5% from the December 31st total of 8,000 shares. Based on an average trading volume of 64,100 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

Separately, LADENBURG THALM/SH SH assumed coverage on shares of Creative Realities in a report on Monday, December 16th. They set a “buy” rating and a $6.00 price objective for the company.

Read Our Latest Analysis on CREX

Creative Realities Price Performance

Shares of CREX traded up $0.04 during trading hours on Tuesday, hitting $2.53. The stock had a trading volume of 7,879 shares, compared to its average volume of 40,125. Creative Realities has a 12 month low of $2.26 and a 12 month high of $5.20. The stock has a fifty day moving average price of $2.74 and a 200 day moving average price of $3.79. The firm has a market capitalization of $26.44 million, a PE ratio of 16.87 and a beta of 3.24.

Institutional Investors Weigh In On Creative Realities

Hedge funds and other institutional investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP grew its position in Creative Realities by 370.9% during the second quarter. Dimensional Fund Advisors LP now owns 49,020 shares of the company’s stock valued at $230,000 after buying an additional 38,610 shares during the period. Essex Investment Management Co. LLC bought a new position in Creative Realities in the 3rd quarter worth $118,000. Geode Capital Management LLC lifted its position in Creative Realities by 21.5% during the third quarter. Geode Capital Management LLC now owns 70,871 shares of the company’s stock valued at $325,000 after purchasing an additional 12,546 shares in the last quarter. Sargent Investment Group LLC grew its holdings in Creative Realities by 1.9% during the fourth quarter. Sargent Investment Group LLC now owns 290,000 shares of the company’s stock valued at $731,000 after purchasing an additional 5,400 shares during the period. Finally, Legato Capital Management LLC bought a new position in shares of Creative Realities in the fourth quarter worth about $26,000. Hedge funds and other institutional investors own 41.32% of the company’s stock.

About Creative Realities

(Get Free Report)

Creative Realities, Inc, together with its subsidiaries, provides digital marketing technology and solutions in the United States and internationally. It offers digital signage and media solutions to enhance communications in a wide-ranging variety of out-of-home environments. The company’s solutions include digital merchandising systems and omni-channel customer engagement systems; interactive digital shopping assistants; advisors and kiosks; and other interactive marketing technologies, such as mobile, social media, point-of-sale transactions, beaconing, and web-based media that enables its customers to engage with their consumers.

Read More

Receive News & Ratings for Creative Realities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Creative Realities and related companies with MarketBeat.com's FREE daily email newsletter.