Cre8 Enterprise Limited (NASDAQ:CRE) Short Interest Update

Cre8 Enterprise Limited (NASDAQ:CRE) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 8,815 shares, a growth of 661.2% from the August 31st total of 1,158 shares. Based on an average trading volume of 33,647 shares, the short-interest ratio is presently 0.3 days. Approximately 0.5% of the shares of the company are sold short.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised Cre8 Enterprise from a “sell (d-)” rating to a “sell (d)” rating in a research report on Monday, August 3rd. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

Cre8 Enterprise Stock Up 3.4%

CRE stock traded up $0.10 during midday trading on Thursday, reaching $3.01. 15,890 shares of the company’s stock traded hands, compared to its average volume of 3,377,200. Cre8 Enterprise has a 52-week low of $1.68 and a 52-week high of $14.64. The stock’s 50-day moving average is $2.92 and its 200 day moving average is $2.85.

About Cre8 Enterprise

Cre8 Enterprise Limited (NASDAQ: CRE) is a Hong Kong-based provider of financial printing and related corporate communication services. The company serves publicly listed companies, financial institutions, professional advisers and other corporate clients that require documents prepared for regulatory, investor-relations and business purposes.

Its services include the design, typesetting, printing and distribution of corporate and financial documents, such as annual reports, listing documents, circulars, announcements and other transaction-related materials.