Short Interest in Creative Realities, Inc. (NASDAQ:CREX) Grows By 200.0%

Creative Realities, Inc. (NASDAQ:CREX) was the target of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 39,900 shares, an increase of 200.0% from the February 28th total of 13,300 shares. Currently, 0.5% of the shares of the company are short sold. Based on an average daily volume of 53,100 shares, the short-interest ratio is currently 0.8 days.

Creative Realities Stock Up 0.5 %

NASDAQ CREX opened at $1.96 on Friday. The company has a 50-day moving average price of $2.26 and a 200-day moving average price of $3.17. Creative Realities has a 52 week low of $1.67 and a 52 week high of $5.20. The firm has a market capitalization of $20.48 million, a P/E ratio of 13.07 and a beta of 3.39.

Creative Realities (NASDAQ:CREX) last announced its earnings results on Friday, March 14th. The company reported ($0.27) EPS for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.16). The business had revenue of $11.01 million for the quarter, compared to analysts’ expectations of $10.36 million. Creative Realities had a net margin of 1.38% and a return on equity of 2.62%. During the same period in the prior year, the company posted $0.14 earnings per share. As a group, equities research analysts anticipate that Creative Realities will post -0.17 EPS for the current year.

Hedge Funds Weigh In On Creative Realities

Institutional investors and hedge funds have recently bought and sold shares of the stock. Squarepoint Ops LLC purchased a new stake in Creative Realities in the fourth quarter worth about $25,000. Legato Capital Management LLC purchased a new stake in Creative Realities in the 4th quarter worth approximately $26,000. Commonwealth Equity Services LLC bought a new stake in Creative Realities during the 4th quarter worth approximately $37,000. Raymond James Financial Inc. purchased a new position in Creative Realities during the fourth quarter valued at approximately $39,000. Finally, Essex Investment Management Co. LLC boosted its position in shares of Creative Realities by 51.8% in the fourth quarter. Essex Investment Management Co. LLC now owns 38,920 shares of the company’s stock worth $95,000 after purchasing an additional 13,289 shares during the period. 41.32% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, LADENBURG THALM/SH SH initiated coverage on Creative Realities in a report on Monday, December 16th. They set a “buy” rating and a $6.00 price target on the stock.

Creative Realities Company Profile

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.