Creative Realities, Inc. (NASDAQ:CREX) Short Interest Update

Creative Realities, Inc. (NASDAQ:CREX) saw a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 27,700 shares, a growth of 21.5% from the May 15th total of 22,800 shares. Based on an average daily trading volume, of 67,000 shares, the short-interest ratio is presently 0.4 days. Approximately 0.3% of the company’s stock are sold short.

Creative Realities Price Performance

Shares of Creative Realities stock traded down $0.33 during trading on Friday, hitting $4.47. 99,782 shares of the stock were exchanged, compared to its average volume of 65,139. The stock has a market cap of $46.71 million, a price-to-earnings ratio of -21.28 and a beta of 3.20. The firm’s 50-day moving average price is $3.58 and its 200 day moving average price is $3.24. Creative Realities has a 12-month low of $1.22 and a 12-month high of $4.86.

Creative Realities (NASDAQ:CREX) last released its quarterly earnings data on Friday, May 10th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.09) by $0.08. Creative Realities had a negative return on equity of 2.74% and a negative net margin of 4.31%. The business had revenue of $12.29 million during the quarter, compared to analysts’ expectations of $12.30 million. As a group, research analysts forecast that Creative Realities will post 0.14 earnings per share for the current year.

Hedge Funds Weigh In On Creative Realities

An institutional investor recently bought a new position in Creative Realities stock. Perritt Capital Management Inc. bought a new stake in Creative Realities, Inc. (NASDAQ:CREX) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 25,000 shares of the company’s stock, valued at approximately $39,000. Perritt Capital Management Inc. owned about 0.34% of Creative Realities at the end of the most recent reporting period. Institutional investors own 41.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Craig Hallum began coverage on shares of Creative Realities in a research note on Thursday, June 6th. They issued a “buy” rating and a $10.00 price target 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.