Short Interest in Creative Realities, Inc. (NASDAQ:CREX) Increases By 55.3%

Creative Realities, Inc. (NASDAQ:CREX) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 21,900 shares, a growth of 55.3% from the August 15th total of 14,100 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 51,900 shares, the short-interest ratio is presently 0.4 days.

Analyst Ratings Changes

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Creative Realities stock. Dimensional Fund Advisors LP increased its stake in shares of Creative Realities, Inc. (NASDAQ:CREX) by 370.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,020 shares of the company’s stock after acquiring an additional 38,610 shares during the quarter. Dimensional Fund Advisors LP owned about 0.47% of Creative Realities worth $230,000 at the end of the most recent quarter. Institutional investors and hedge funds own 41.32% of the company’s stock.

Creative Realities Trading Up 1.1 %

Shares of CREX stock traded up $0.05 on Friday, reaching $4.50. 19,425 shares of the stock were exchanged, compared to its average volume of 57,723. The company has a market capitalization of $47.03 million, a price-to-earnings ratio of -21.24 and a beta of 3.26. The business’s 50 day moving average price is $4.54 and its 200 day moving average price is $4.06. Creative Realities has a twelve month low of $1.22 and a twelve month high of $5.20.

Creative Realities (NASDAQ:CREX) last released its quarterly earnings data on Wednesday, August 14th. The company reported ($0.06) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.06). The business had revenue of $13.12 million during the quarter, compared to analysts’ expectations of $12.90 million. Creative Realities had a positive return on equity of 0.23% and a negative net margin of 2.40%. During the same period in the prior year, the firm posted ($0.19) EPS. Equities research analysts forecast that Creative Realities will post -0.07 earnings per share for the current year.

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.