Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESW) Sees Significant Growth in Short Interest

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESW) was the target of a large increase in short interest in August. As of August 15th, there was short interest totalling 15,100 shares, an increase of 387.1% from the July 31st total of 3,100 shares. Based on an average daily volume of 7,500 shares, the days-to-cover ratio is currently 2.0 days.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Stock Up 4.0 %

CRESW stock traded up $0.02 during trading on Tuesday, hitting $0.50. 42,925 shares of the company’s stock traded hands, compared to its average volume of 10,638. The stock has a fifty day moving average price of $0.46 and a two-hundred day moving average price of $0.53. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a 52 week low of $0.20 and a 52 week high of $0.73.

About Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria, an agricultural company, engages in the production of agricultural commodities in Brazil and other Latin American countries. The company operates through Agricultural Business, and Business Urban Properties and Investments segments.