Creative Realities, Inc. (NASDAQ:CREX) Short Interest Up 200.0% in March

Creative Realities, Inc. (NASDAQ:CREX) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 39,900 shares, an increase of 200.0% from the February 28th total of 13,300 shares. Based on an average daily trading volume, of 53,100 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.5% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Squarepoint Ops LLC purchased a new position in shares of Creative Realities in the 4th quarter valued at about $25,000. Legato Capital Management LLC purchased a new position in Creative Realities in the fourth quarter valued at about $26,000. Commonwealth Equity Services LLC purchased a new position in Creative Realities in the fourth quarter valued at about $37,000. Raymond James Financial Inc. acquired a new stake in shares of Creative Realities during the 4th quarter valued at approximately $39,000. Finally, Essex Investment Management Co. LLC grew its holdings 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 acquiring an additional 13,289 shares during the period. Institutional investors and hedge funds own 41.32% of the company’s stock.

Creative Realities Stock Performance

CREX traded up $0.01 during trading on Friday, hitting $1.96. The stock had a trading volume of 30,293 shares, compared to its average volume of 54,916. Creative Realities has a twelve month low of $1.67 and a twelve month high of $5.20. The firm has a market capitalization of $20.48 million, a P/E ratio of 13.07 and a beta of 3.39. The company’s 50-day moving average price is $2.27 and its 200 day moving average price is $3.19.

Creative Realities (NASDAQ:CREX) last announced its quarterly earnings data on Friday, March 14th. The company reported ($0.27) EPS for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.16). Creative Realities had a net margin of 1.38% and a return on equity of 2.62%. The firm had revenue of $11.01 million during the quarter, compared to analyst estimates of $10.36 million. During the same quarter in the previous year, the business earned $0.14 EPS. As a group, equities analysts expect that Creative Realities will post -0.17 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.