Short Interest in Creative Realities, Inc. (NASDAQ:CREX) Grows By 200.0%

Creative Realities, Inc. (NASDAQ:CREX) saw a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 39,900 shares, an increase of 200.0% from the February 28th total of 13,300 shares. Based on an average daily volume of 53,100 shares, the short-interest ratio is currently 0.8 days. Approximately 0.5% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

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

Institutional Investors Weigh In On Creative Realities

Institutional investors and hedge funds have recently modified their holdings of the company. 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 worth $731,000 after purchasing an additional 5,400 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Creative Realities by 12.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 54,948 shares of the company’s stock worth $135,000 after acquiring an additional 5,928 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Creative Realities by 9.6% during the 4th quarter. Geode Capital Management LLC now owns 77,660 shares of the company’s stock valued at $190,000 after acquiring an additional 6,789 shares during the last quarter. Squarepoint Ops LLC purchased a new position in shares of Creative Realities during the fourth quarter worth about $25,000. Finally, Legato Capital Management LLC bought a new position in shares of Creative Realities in the fourth quarter worth approximately $26,000. 41.32% of the stock is owned by hedge funds and other institutional investors.

Creative Realities Price Performance

Shares of Creative Realities stock traded up $0.04 on Thursday, reaching $2.00. 3,698 shares of the company traded hands, compared to its average volume of 55,013. Creative Realities has a 52 week low of $1.67 and a 52 week high of $5.20. The company has a 50 day moving average of $2.28 and a 200 day moving average of $3.20. The firm has a market capitalization of $20.89 million, a PE ratio of 13.33 and a beta of 3.39.

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

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.