Creative Realities, Inc. (NASDAQ:CREX) Short Interest Up 28.9% in January

Creative Realities, Inc. (NASDAQ:CREX) saw a significant increase in short interest in January. As of January 31st, there was short interest totalling 9,800 shares, an increase of 28.9% from the January 15th total of 7,600 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 64,900 shares, the days-to-cover ratio is currently 0.2 days.

Creative Realities Stock Performance

Shares of NASDAQ CREX traded up $0.10 during midday trading on Friday, hitting $2.61. 78,726 shares of the company traded hands, compared to its average volume of 34,007. Creative Realities has a 12-month low of $2.26 and a 12-month high of $5.20. The stock has a 50-day moving average price of $2.65 and a 200 day moving average price of $3.64. The firm has a market cap of $27.27 million, a P/E ratio of 17.40 and a beta of 3.24.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in CREX. Sargent Investment Group LLC lifted its stake in shares of Creative Realities by 1.9% in the 4th quarter. Sargent Investment Group LLC now owns 290,000 shares of the company’s stock valued at $731,000 after purchasing an additional 5,400 shares during the period. Dimensional Fund Advisors LP raised its holdings in Creative Realities by 12.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 54,948 shares of the company’s stock worth $135,000 after purchasing an additional 5,928 shares in the last quarter. Geode Capital Management LLC lifted its position in Creative Realities by 9.6% during the fourth quarter. Geode Capital Management LLC now owns 77,660 shares of the company’s stock valued at $190,000 after buying an additional 6,789 shares during the period. Legato Capital Management LLC bought a new stake in shares of Creative Realities during the 4th quarter valued at $26,000. Finally, Essex Investment Management Co. LLC grew its position in shares of Creative Realities by 51.8% in the 4th quarter. Essex Investment Management Co. LLC now owns 38,920 shares of the company’s stock worth $95,000 after buying an additional 13,289 shares during the period. Hedge funds and other institutional investors own 41.32% of the company’s stock.

Analysts Set New Price Targets

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

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.