Short Interest in Creative Realities, Inc. (NASDAQ:CREX) Expands By 242.3%

Creative Realities, Inc. (NASDAQ:CREX) was the target of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 26,700 shares, an increase of 242.3% from the February 29th total of 7,800 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 63,000 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On Creative Realities

Several hedge funds and other institutional investors have recently modified their holdings of CREX. Citadel Advisors LLC acquired a new stake in shares of Creative Realities in the fourth quarter worth $28,000. Advisory Services Network LLC acquired a new stake in shares of Creative Realities in the first quarter worth $30,000. Perritt Capital Management Inc. acquired a new stake in shares of Creative Realities in the third quarter worth $39,000. Millennium Management LLC increased its position in shares of Creative Realities by 108.6% during the second quarter. Millennium Management LLC now owns 114,386 shares of the company’s stock valued at $70,000 after purchasing an additional 59,542 shares during the period. Finally, Renaissance Technologies LLC increased its position in shares of Creative Realities by 152.4% during the second quarter. Renaissance Technologies LLC now owns 133,500 shares of the company’s stock valued at $82,000 after purchasing an additional 80,600 shares during the period. Institutional investors and hedge funds own 41.32% of the company’s stock.

Creative Realities Stock Performance

Shares of NASDAQ CREX traded down $0.17 during trading hours on Wednesday, hitting $3.75. 77,996 shares of the stock were exchanged, compared to its average volume of 64,266. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.92 and a quick ratio of 0.79. The company’s 50 day moving average is $3.49 and its 200 day moving average is $2.50. The firm has a market capitalization of $39.19 million, a P/E ratio of -10.85 and a beta of 3.15. Creative Realities has a one year low of $1.22 and a one year high of $4.35.

Creative Realities (NASDAQ:CREX) last posted its quarterly earnings data on Thursday, March 21st. The company reported $0.21 earnings per share (EPS) for the quarter. The business had revenue of $14.46 million during the quarter, compared to the consensus estimate of $16.00 million. Creative Realities had a negative net margin of 6.50% and a negative return on equity of 6.23%. On average, research analysts expect that Creative Realities will post 0.25 EPS for the current year.

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 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.