Creative Realities, Inc. (NASDAQ:CREX) Short Interest Up 200.0% in March

Creative Realities, Inc. (NASDAQ:CREX) was the target of a large increase in short interest in 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 company’s stock are short sold. Based on an average daily volume of 53,100 shares, the short-interest ratio is currently 0.8 days.

Wall Street Analyst Weigh In

Separately, LADENBURG THALM/SH SH started coverage on shares of Creative Realities in a research report on Monday, December 16th. They issued a “buy” rating and a $6.00 price objective on the stock.

Institutional Trading of Creative Realities

Several large investors have recently bought and sold shares of the business. Geode Capital Management LLC raised its stake in Creative Realities by 21.5% during the third quarter. Geode Capital Management LLC now owns 70,871 shares of the company’s stock worth $325,000 after purchasing an additional 12,546 shares during the period. Sargent Investment Group LLC lifted its stake in Creative Realities by 1.9% during the fourth quarter. Sargent Investment Group LLC now owns 290,000 shares of the company’s stock worth $731,000 after purchasing an additional 5,400 shares in the last quarter. Legato Capital Management LLC purchased a new stake in shares of Creative Realities in the 4th quarter valued at $26,000. Raymond James Financial Inc. acquired a new position in Creative Realities in the 4th quarter valued at about $39,000. Finally, Essex Investment Management Co. LLC lifted its position in shares of Creative Realities by 51.8% during 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 in the last quarter. Hedge funds and other institutional investors own 41.32% of the company’s stock.

Creative Realities Price Performance

NASDAQ:CREX traded up $0.01 during mid-day trading on Friday, hitting $1.96. The company’s stock had a trading volume of 30,293 shares, compared to its average volume of 54,916. Creative Realities has a 1 year low of $1.67 and a 1 year high of $5.20. The stock has a market cap of $20.48 million, a price-to-earnings ratio of 13.07 and a beta of 3.39. The business’s fifty day moving average is $2.27 and its two-hundred day moving average is $3.19.

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

About Creative Realities

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.