Creative Realities, Inc. (NASDAQ:CREX) Sees Significant Drop in Short Interest

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

Hedge Funds Weigh In On Creative Realities

Several large investors have recently made changes to their positions in CREX. Sargent Investment Group LLC raised its holdings 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 acquiring an additional 5,400 shares during the last quarter. Perritt Capital Management Inc grew its position in shares of Creative Realities by 180.0% during the 4th quarter. Perritt Capital Management Inc now owns 140,000 shares of the company’s stock valued at $343,000 after acquiring an additional 90,000 shares during the period. Renaissance Technologies LLC grew its position in shares of Creative Realities by 45.5% during the 4th quarter. Renaissance Technologies LLC now owns 85,103 shares of the company’s stock valued at $209,000 after acquiring an additional 26,601 shares during the period. Geode Capital Management LLC boosted its holdings in Creative Realities by 9.6% in the 4th quarter. Geode Capital Management LLC now owns 77,660 shares of the company’s stock worth $190,000 after buying an additional 6,789 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings 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 buying an additional 5,928 shares during the period. 41.32% of the stock is currently owned by hedge funds and other institutional investors.

Creative Realities Stock Performance

Shares of NASDAQ:CREX opened at $1.88 on Friday. Creative Realities has a 52-week low of $1.67 and a 52-week high of $5.20. The firm has a fifty day moving average of $2.39 and a 200 day moving average of $3.34. The firm has a market capitalization of $19.64 million, a PE ratio of 12.53 and a beta of 3.39.

Creative Realities (NASDAQ:CREX) last posted its earnings results on Friday, March 14th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by ($0.16). The business had revenue of $11.01 million during the quarter, compared to the consensus estimate of $10.36 million. Creative Realities had a return on equity of 2.62% and a net margin of 1.38%. During the same period in the previous year, the business earned $0.14 earnings per share. On average, sell-side analysts forecast that Creative Realities will post -0.17 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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