Short Interest in Creative Realities, Inc. (NASDAQ:CREX) Expands By 7.5%

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

Analysts Set New Price Targets

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

Creative Realities Stock Up 1.6 %

Creative Realities stock traded up $0.04 during midday trading on Tuesday, reaching $2.53. 7,879 shares of the stock traded hands, compared to its average volume of 40,125. Creative Realities has a 12 month low of $2.26 and a 12 month high of $5.20. The stock’s fifty day moving average is $2.74 and its 200-day moving average is $3.79. The stock has a market cap of $26.44 million, a P/E ratio of 16.87 and a beta of 3.24.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of CREX. Dimensional Fund Advisors LP lifted its position in Creative Realities by 370.9% during 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. Essex Investment Management Co. LLC purchased a new stake in shares of Creative Realities during the 3rd quarter valued at about $118,000. Geode Capital Management LLC lifted its holdings in shares of Creative Realities by 21.5% in the 3rd quarter. Geode Capital Management LLC now owns 70,871 shares of the company’s stock valued at $325,000 after acquiring an additional 12,546 shares during the last quarter. Legato Capital Management LLC purchased a new position in Creative Realities in the fourth quarter worth about $26,000. Finally, Sargent Investment Group LLC increased its stake in Creative Realities by 1.9% during the fourth quarter. Sargent Investment Group LLC now owns 290,000 shares of the company’s stock worth $731,000 after acquiring an additional 5,400 shares during the last quarter. 41.32% of the stock is owned by hedge funds and other institutional investors.

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.