Creative Realities, Inc. (NASDAQ:CREX) Short Interest Up 7.5% in December

Creative Realities, Inc. (NASDAQ:CREX) saw a significant increase in short interest in December. As of December 31st, there was short interest totalling 8,600 shares, an increase of 7.5% from the December 15th total of 8,000 shares. Based on an average daily volume of 64,100 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

Creative Realities Price Performance

Shares of CREX stock traded up $0.04 during trading hours on Friday, reaching $2.53. The company had a trading volume of 25,068 shares, compared to its average volume of 50,934. The company has a market cap of $26.44 million, a price-to-earnings ratio of 16.87 and a beta of 3.24. The business has a fifty day simple moving average of $2.99 and a 200-day simple moving average of $3.96. Creative Realities has a 12 month low of $2.30 and a 12 month high of $5.20.

Institutional Trading of Creative Realities

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP lifted its stake in Creative Realities by 370.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 49,020 shares of the company’s stock valued at $230,000 after acquiring an additional 38,610 shares during the period. Essex Investment Management Co. LLC bought a new stake in shares of Creative Realities in the 3rd quarter valued at approximately $118,000. Finally, Geode Capital Management LLC grew its position in Creative Realities by 21.5% in the 3rd quarter. Geode Capital Management LLC now owns 70,871 shares of the company’s stock valued at $325,000 after acquiring an additional 12,546 shares during the last quarter. Institutional investors own 41.32% of the company’s stock.

Analyst Upgrades and Downgrades

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