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

Creative Realities, Inc. (NASDAQ:CREX) saw a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 13,300 shares, a decrease of 30.4% from the February 13th total of 19,100 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 52,000 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in CREX. Geode Capital Management LLC increased 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. Sargent Investment Group LLC increased its holdings in shares of 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 acquiring an additional 5,400 shares during the last quarter. Legato Capital Management LLC purchased a new position in shares of Creative Realities in the 4th quarter valued at about $26,000. Raymond James Financial Inc. purchased a new position in shares of Creative Realities in the 4th quarter valued at about $39,000. Finally, Essex Investment Management Co. LLC increased its holdings in shares of Creative Realities by 51.8% in the 4th quarter. Essex Investment Management Co. LLC now owns 38,920 shares of the company’s stock valued at $95,000 after acquiring an additional 13,289 shares during the last quarter. Hedge funds and other institutional investors own 41.32% of the company’s stock.

Creative Realities Price Performance

Shares of NASDAQ CREX opened at $1.90 on Tuesday. The stock’s 50-day moving average is $2.37 and its two-hundred day moving average is $3.31. Creative Realities has a 1-year low of $1.67 and a 1-year high of $5.20. The company has a market cap of $19.85 million, a price-to-earnings ratio of 12.67 and a beta of 3.39.

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

Wall Street Analyst Weigh In

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