Creative Realities, Inc. (NASDAQ:CREX) Short Interest Down 30.4% in February

Creative Realities, Inc. (NASDAQ:CREX) was the recipient of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 13,300 shares, a drop of 30.4% from the February 13th total of 19,100 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 52,000 shares, the short-interest ratio is presently 0.3 days.

Creative Realities Price Performance

CREX stock traded up $0.02 during midday trading on Monday, hitting $1.90. 130,938 shares of the stock traded hands, compared to its average volume of 56,810. Creative Realities has a 1-year low of $1.66 and a 1-year high of $5.20. The stock’s fifty day simple moving average is $2.39 and its 200-day simple moving average is $3.33. The firm has a market cap of $19.81 million, a P/E ratio of 12.64 and a beta of 3.39.

Creative Realities (NASDAQ:CREX) last posted its earnings results on Friday, March 14th. The company reported ($0.27) EPS for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.16). The business had revenue of $11.01 million for the quarter, compared to analyst estimates of $10.36 million. Creative Realities had a net margin of 1.38% and a return on equity of 2.62%. During the same quarter last year, the business earned $0.14 earnings per share. On average, research analysts predict that Creative Realities will post -0.17 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, LADENBURG THALM/SH SH started coverage on Creative Realities in a report on Monday, December 16th. They issued a “buy” rating and a $6.00 price target for the company.

Institutional Investors Weigh In On Creative Realities

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Geode Capital Management LLC lifted its holdings in Creative Realities by 21.5% during the third quarter. Geode Capital Management LLC now owns 70,871 shares of the company’s stock valued at $325,000 after purchasing an additional 12,546 shares in the last quarter. Sargent Investment Group LLC lifted its stake in Creative Realities by 1.9% in the 4th quarter. Sargent Investment Group LLC now owns 290,000 shares of the company’s stock valued at $731,000 after buying an additional 5,400 shares in the last quarter. Legato Capital Management LLC acquired a new stake in Creative Realities in the 4th quarter worth about $26,000. Raymond James Financial Inc. purchased a new stake in Creative Realities during the 4th quarter worth approximately $39,000. Finally, Essex Investment Management Co. LLC increased its stake in Creative Realities by 51.8% during the 4th quarter. Essex Investment Management Co. LLC now owns 38,920 shares of the company’s stock worth $95,000 after buying an additional 13,289 shares in the last quarter. Hedge funds and other institutional investors own 41.32% of the company’s stock.

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.