Creative Realities, Inc. (NASDAQ:CREX) Sees Significant Decrease in Short Interest

Creative Realities, Inc. (NASDAQ:CREX) was the target of a significant decrease in short interest in October. As of October 31st, there was short interest totalling 9,700 shares, a decrease of 38.2% from the October 15th total of 15,700 shares. Based on an average trading volume of 38,700 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are short sold.

Creative Realities Trading Down 11.1 %

NASDAQ CREX traded down $0.41 on Thursday, hitting $3.30. 258,540 shares of the company were exchanged, compared to its average volume of 56,794. The stock has a fifty day moving average of $4.41 and a 200-day moving average of $4.29. Creative Realities has a 12 month low of $1.82 and a 12 month high of $5.20. The company has a market cap of $34.49 million, a PE ratio of -41.87 and a beta of 3.27.

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

Institutional Trading of Creative Realities

Institutional investors and hedge funds have recently made changes to their positions in the company. Dimensional Fund Advisors LP raised its holdings 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 purchasing an additional 38,610 shares during the last quarter. Thompson Siegel & Walmsley LLC purchased a new stake in Creative Realities during the second quarter worth about $206,000. Finally, Essex Investment Management Co. LLC purchased a new stake in Creative Realities during the third quarter worth about $118,000. Hedge funds and other institutional investors own 41.32% of the company’s 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.