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

Creative Realities, Inc. (NASDAQ:CREX) was the target of a significant increase in short interest in February. As of February 15th, there was short interest totalling 19,100 shares, an increase of 94.9% from the January 31st total of 9,800 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 54,700 shares, the short-interest ratio is currently 0.3 days.

Creative Realities Stock Performance

Shares of NASDAQ:CREX opened at $2.12 on Friday. The company has a market capitalization of $22.15 million, a PE ratio of 14.13 and a beta of 3.24. Creative Realities has a 52-week low of $2.05 and a 52-week high of $5.20. The company has a fifty day moving average of $2.55 and a 200-day moving average of $3.51.

Institutional Trading of Creative Realities

Institutional investors and hedge funds have recently bought and sold shares of the stock. Squarepoint Ops LLC acquired a new stake in Creative Realities in the fourth quarter valued at $25,000. Legato Capital Management LLC acquired a new stake in Creative Realities in the fourth quarter valued at $26,000. Commonwealth Equity Services LLC acquired a new stake in Creative Realities in the fourth quarter valued at $37,000. Raymond James Financial Inc. acquired a new stake in Creative Realities in the fourth quarter valued at $39,000. Finally, Essex Investment Management Co. LLC increased its holdings in Creative Realities by 51.8% in the fourth quarter. Essex Investment Management Co. LLC now owns 38,920 shares of the company’s stock valued at $95,000 after purchasing an additional 13,289 shares during the period. 41.32% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

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.