Creative Realities, Inc. (NASDAQ:CREX) Short Interest Update

Creative Realities, Inc. (NASDAQ:CREX) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 8,600 shares, a growth of 7.5% from the December 31st total of 8,000 shares. Based on an average daily volume of 64,100 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

Creative Realities Trading Up 1.6 %

CREX stock traded up $0.04 during mid-day trading on Tuesday, hitting $2.53. 7,978 shares of the company were exchanged, compared to its average volume of 40,126. Creative Realities has a 1-year low of $2.26 and a 1-year high of $5.20. The stock has a market capitalization of $26.44 million, a PE ratio of 16.87 and a beta of 3.24. The business has a 50 day simple moving average of $2.74 and a 200-day simple moving average of $3.79.

Institutional Trading of Creative Realities

Several hedge funds have recently added to or reduced their stakes in CREX. Sargent Investment Group LLC boosted its position in shares of Creative Realities by 1.9% in the fourth quarter. Sargent Investment Group LLC now owns 290,000 shares of the company’s stock valued at $731,000 after acquiring an additional 5,400 shares during the period. Legato Capital Management LLC bought a new stake in Creative Realities in the 4th quarter valued at about $26,000. Geode Capital Management LLC grew its position in shares of Creative Realities by 21.5% during the 3rd 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 in the last quarter. Essex Investment Management Co. LLC bought a new position in shares of Creative Realities during the third quarter worth approximately $118,000. Finally, Dimensional Fund Advisors LP raised its position in shares of Creative Realities by 370.9% in the second quarter. Dimensional Fund Advisors LP now owns 49,020 shares of the company’s stock valued at $230,000 after buying an additional 38,610 shares in the last quarter. 41.32% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, LADENBURG THALM/SH SH began coverage on Creative Realities in a research note on Monday, December 16th. They issued 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.