Creative Realities, Inc. (NASDAQ:CREX) Stock Short Interest Drops 43.1%

Creative Realities, Inc. (NASDAQ:CREX) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 35,919 shares, a decline of 43.1% from the August 31st total of 63,169 shares. Based on an average daily trading volume, of 34,899 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.4% of the company’s shares are sold short.

Creative Realities Stock Down 2.9%

Creative Realities stock traded down $0.07 during midday trading on Thursday, hitting $2.47. 12,850 shares of the company were exchanged, compared to its average volume of 46,837. The company has a market cap of $33.36 million, a PE ratio of -1.17 and a beta of 1.51. Creative Realities has a fifty-two week low of $2.23 and a fifty-two week high of $4.42. The company’s fifty day moving average price is $2.85 and its 200-day moving average price is $3.42. The company has a debt-to-equity ratio of 2.35, a current ratio of 0.90 and a quick ratio of 0.75.

Creative Realities (NASDAQ:CREX) last issued its quarterly earnings data on Wednesday, August 12th. The company reported ($0.41) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.29) by ($0.12). Creative Realities had a negative net margin of 29.29% and a negative return on equity of 88.21%. The firm had revenue of $21.51 million during the quarter, compared to analyst estimates of $21.73 million. On average, research analysts predict that Creative Realities will post 0.31 EPS for the current fiscal year.

Hedge Funds Weigh In On Creative Realities

A number of institutional investors have recently added to or reduced their stakes in CREX. Dimensional Fund Advisors LP boosted its position in Creative Realities by 13.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 54,890 shares of the company’s stock valued at $189,000 after buying an additional 6,513 shares during the last quarter. BlackRock Inc. purchased a new stake in shares of Creative Realities during the second quarter worth about $133,000. North Star Investment Management Corp. purchased a new stake in shares of Creative Realities during the first quarter worth about $550,000. Finally, AWM Investment Company Inc. acquired a new position in shares of Creative Realities in the 2nd quarter valued at approximately $826,000. Institutional investors and hedge funds own 41.32% of the company’s stock.

Analyst Ratings Changes

CREX has been the topic of a number of research reports. Alliance Global Partners reissued a “buy” rating on shares of Creative Realities in a research note on Friday, July 24th. LADENBURG THALM/SH SH upped their price target on shares of Creative Realities from $7.50 to $8.00 and gave the stock a “buy” rating in a research report on Friday, August 14th. Zacks Research upgraded Creative Realities from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 26th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Creative Realities in a research report on Friday, July 17th. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $8.00.

Creative Realities Company Profile

Creative Realities, Inc (NASDAQ: CREX) provides digital marketing technology and customer-experience solutions for businesses and organizations. Its services are designed to help clients communicate with customers through digital signage, in-store media, interactive displays and other connected digital experiences.

The company offers strategy, creative development, software, hardware integration, content management, installation and ongoing support. Its solutions can include menu boards, promotional displays, interactive kiosks, self-service technology, digital merchandising and audience or media analytics.

Creative Realities serves organizations across industries such as retail, restaurants, entertainment, sports and venues, financial services, healthcare and transportation.