Short Interest in Creative Realities, Inc. (NASDAQ:CREX) Rises By 15.6%

Creative Realities, Inc. (NASDAQ:CREX) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totalling 49,600 shares, a growth of 15.6% from the June 15th total of 42,900 shares. Currently, 0.6% of the company’s stock are sold short. Based on an average trading volume of 65,100 shares, the days-to-cover ratio is presently 0.8 days.

Creative Realities Trading Down 0.2 %

Shares of CREX stock traded down $0.01 during trading on Wednesday, hitting $5.00. The company’s stock had a trading volume of 53,482 shares, compared to its average volume of 63,558. The company has a market cap of $52.25 million, a PE ratio of -23.48 and a beta of 3.30. The business has a fifty day moving average of $4.12 and a 200-day moving average of $3.62. Creative Realities has a 52 week low of $1.22 and a 52 week high of $5.20.

Creative Realities (NASDAQ:CREX) last announced its earnings results on Friday, May 10th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.08. The firm had revenue of $12.29 million during the quarter, compared to analyst estimates of $12.30 million. Creative Realities had a negative return on equity of 2.74% and a negative net margin of 4.31%. As a group, research analysts predict that Creative Realities will post 0.14 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Craig Hallum began coverage on shares of Creative Realities in a research note on Thursday, June 6th. They issued a “buy” rating and a $10.00 price objective for the company.

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.