Cre8 Enterprise Limited (NASDAQ:CRE) Short Interest Up 92.9% in July

Cre8 Enterprise Limited (NASDAQ:CRE) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 69,714 shares, a growth of 92.9% from the June 30th total of 36,133 shares. Based on an average daily volume of 1,205,277 shares, the days-to-cover ratio is currently 0.1 days. Approximately 4.3% of the company’s stock are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Cre8 Enterprise in a report on Monday, June 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Cre8 Enterprise presently has an average rating of “Sell”.

Cre8 Enterprise Price Performance

Shares of CRE stock opened at $2.41 on Thursday. The firm has a 50-day moving average price of $2.93. Cre8 Enterprise has a one year low of $1.68 and a one year high of $93.24.

About Cre8 Enterprise

Cre8 Enterprise Limited provides integrated financial printing services for listed companies, IPO applicants and private companies in the finance and capital market principally in Hong Kong under its brand, Cre8. The services cover concept creation and artwork design, typesetting, proofreading, translation, printing, binding, logistics arrangement, uploading or making e-submissions of customers’ financial reports and compliance documents and media placements. Cre8 Enterprise Limited is based in Hong Kong.