Creative Realities, Inc. (NASDAQ:CREX) Sees Large Increase in Short Interest

Creative Realities, Inc. (NASDAQ:CREX) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totalling 15,700 shares, an increase of 40.2% from the September 30th total of 11,200 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 36,300 shares, the days-to-cover ratio is currently 0.4 days.

Hedge Funds Weigh In On Creative Realities

Several institutional investors and hedge funds have recently made changes to their positions in CREX. Essex Investment Management Co. LLC purchased a new stake in shares of Creative Realities during the third quarter valued at approximately $118,000. Thompson Siegel & Walmsley LLC bought a new position in Creative Realities during the 2nd quarter valued at approximately $206,000. Finally, Dimensional Fund Advisors LP lifted its holdings in Creative Realities by 370.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 49,020 shares of the company’s stock worth $230,000 after buying an additional 38,610 shares during the period. Institutional investors own 41.32% of the company’s stock.

Creative Realities Trading Down 2.8 %

Shares of NASDAQ CREX traded down $0.12 during midday trading on Tuesday, hitting $4.13. 53,751 shares of the company’s stock were exchanged, compared to its average volume of 54,358. The business’s fifty day moving average price is $4.47 and its two-hundred day moving average price is $4.23. The company has a market cap of $43.16 million, a price-to-earnings ratio of -51.62 and a beta of 3.26. Creative Realities has a 12-month low of $1.67 and a 12-month high of $5.20.

Creative Realities (NASDAQ:CREX) last issued its quarterly earnings results on Wednesday, August 14th. The company reported ($0.06) EPS for the quarter, hitting analysts’ consensus estimates of ($0.06). Creative Realities had a negative net margin of 2.40% and a positive return on equity of 0.23%. The firm had revenue of $13.12 million for the quarter, compared to analyst estimates of $12.90 million. During the same quarter in the prior year, the firm earned ($0.19) EPS. Equities analysts expect that Creative Realities will post -0.07 earnings per share for the current fiscal 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.