Creative Realities, Inc. (NASDAQ:CREX) Short Interest Down 57.7% in April

by · The Cerbat Gem

Creative Realities, Inc. (NASDAQ:CREX – Get Free Report) saw a significant decrease in short interest in April. As of April 15th, there was short interest totalling 7,400 shares, a decrease of 57.7% from the March 31st total of 17,500 shares. Based on an average daily trading volume, of 55,000 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

Creative Realities Price Performance

Shares of CREX opened at $1.94 on Monday. Creative Realities has a one year low of $1.28 and a one year high of $5.20. The stock has a market cap of $20.27 million, a price-to-earnings ratio of 12.93 and a beta of 3.29. The company has a 50-day moving average of $1.83 and a two-hundred day moving average of $2.71.

Creative Realities (NASDAQ:CREX – Get Free Report) last released its earnings results on Friday, March 14th. The company reported ($0.27) earnings per share for the quarter, missing the consensus estimate 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 last year, the firm earned $0.14 EPS. Analysts anticipate that Creative Realities will post -0.17 earnings per share for the current year.

Institutional Trading of Creative Realities

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

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.

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