Cre8 Enterprise Limited (NASDAQ:CRE) Short Interest Down 96.3% in August

Cre8 Enterprise Limited (NASDAQ:CRE) saw a significant decline in short interest in August. As of August 31st, there was short interest totaling 1,158 shares, a decline of 96.3% from the August 15th total of 31,617 shares. Based on an average daily trading volume, of 6,012,497 shares, the short-interest ratio is currently 0.0 days. Currently, 0.1% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised Cre8 Enterprise from a “sell (d-)” rating to a “sell (d)” rating in a research report on Monday, August 3rd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Cre8 Enterprise Price Performance

CRE stock traded up $0.02 during mid-day trading on Friday, hitting $2.87. The stock had a trading volume of 7,234 shares, compared to its average volume of 972,804. Cre8 Enterprise has a 52 week low of $1.68 and a 52 week high of $14.64. The firm has a fifty day simple moving average of $2.96 and a 200 day simple moving average of $2.83.

About Cre8 Enterprise

Cre8 Enterprise Limited provides integrated financial printing services for listed companies, IPO applicants and private companies in the finance and capital market principally in Hong Kong under its brand, Cre8. The services cover concept creation and artwork design, typesetting, proofreading, translation, printing, binding, logistics arrangement, uploading or making e-submissions of customers’ financial reports and compliance documents and media placements. Cre8 Enterprise Limited is based in Hong Kong.