Creative Realities, Inc. (NASDAQ:CREX) Sees Large Growth in Short Interest

Creative Realities, Inc. (NASDAQ:CREX) was the target of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 19,100 shares, an increase of 94.9% from the January 31st total of 9,800 shares. Based on an average trading volume of 54,700 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.3% of the company’s stock are sold short.

Creative Realities Stock Up 1.0 %

Shares of NASDAQ:CREX opened at $2.12 on Friday. The stock has a market cap of $22.15 million, a PE ratio of 14.13 and a beta of 3.24. The business has a 50 day moving average of $2.55 and a 200-day moving average of $3.51. Creative Realities has a 12-month low of $2.05 and a 12-month high of $5.20.

Institutional Investors Weigh In On Creative Realities

Several institutional investors have recently made changes to their positions in CREX. Squarepoint Ops LLC bought a new stake in shares of Creative Realities in the fourth quarter valued at approximately $25,000. Legato Capital Management LLC bought a new stake in shares of Creative Realities in the fourth quarter valued at approximately $26,000. Commonwealth Equity Services LLC bought a new stake in shares of Creative Realities in the fourth quarter valued at approximately $37,000. Raymond James Financial Inc. bought a new stake in shares of Creative Realities in the fourth quarter valued at approximately $39,000. Finally, Essex Investment Management Co. LLC boosted its stake in shares of Creative Realities by 51.8% in the fourth quarter. Essex Investment Management Co. LLC now owns 38,920 shares of the company’s stock valued at $95,000 after buying an additional 13,289 shares during the period. 41.32% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

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.