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

Creative Realities, Inc. (NASDAQ:CREX) saw a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 13,300 shares, a decline of 30.4% from the February 13th total of 19,100 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 52,000 shares, the days-to-cover ratio is currently 0.3 days.

Creative Realities Stock Performance

Shares of NASDAQ CREX traded up $0.02 during mid-day trading on Monday, reaching $1.90. 130,938 shares of the company’s stock were exchanged, compared to its average volume of 56,810. The company’s 50-day moving average is $2.39 and its 200-day moving average is $3.33. The firm has a market capitalization of $19.81 million, a price-to-earnings ratio of 12.64 and a beta of 3.39. Creative Realities has a 52-week low of $1.66 and a 52-week high of $5.20.

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

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Geode Capital Management LLC raised its holdings in shares of 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 buying an additional 12,546 shares during the period. Essex Investment Management Co. LLC grew its position in Creative Realities by 51.8% in the 4th quarter. Essex Investment Management Co. LLC now owns 38,920 shares of the company’s stock valued at $95,000 after acquiring an additional 13,289 shares in the last quarter. Legato Capital Management LLC acquired a new stake in shares of Creative Realities during the fourth quarter worth about $26,000. Sargent Investment Group LLC lifted its position in shares of Creative Realities by 1.9% during the fourth quarter. Sargent Investment Group LLC now owns 290,000 shares of the company’s stock worth $731,000 after purchasing an additional 5,400 shares in the last quarter. Finally, Squarepoint Ops LLC purchased a new position in shares of Creative Realities in the fourth quarter valued at approximately $25,000. 41.32% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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