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

Creative Realities, Inc. (NASDAQ:CREX) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 8,600 shares, a growth of 7.5% from the December 15th total of 8,000 shares. Based on an average trading volume of 64,100 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.

Creative Realities Stock Performance

Shares of NASDAQ:CREX traded up $0.04 during mid-day trading on Friday, hitting $2.53. The stock 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 PE ratio of 16.87 and a beta of 3.24. Creative Realities has a 12-month low of $2.30 and a 12-month high of $5.20. The company’s 50 day moving average is $2.99 and its 200-day moving average is $3.96.

Institutional Trading of Creative Realities

Large investors have recently added to or reduced their stakes in the company. Geode Capital Management LLC boosted its position in Creative Realities by 21.5% during the third quarter. Geode Capital Management LLC now owns 70,871 shares of the company’s stock worth $325,000 after purchasing an additional 12,546 shares during the period. Essex Investment Management Co. LLC bought a new stake in Creative Realities in the third quarter worth approximately $118,000. Finally, Dimensional Fund Advisors LP grew its position in Creative Realities by 370.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 49,020 shares of the company’s stock valued at $230,000 after purchasing an additional 38,610 shares during the period. 41.32% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, LADENBURG THALM/SH SH assumed coverage on shares of Creative Realities in a research report on Monday, December 16th. They issued 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.