Cre8 Enterprise Limited (NASDAQ:CRE) Short Interest Update

Cre8 Enterprise Limited (NASDAQ:CRE) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 8,815 shares, a growth of 661.2% from the August 31st total of 1,158 shares. Based on an average trading volume of 33,647 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.5% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of Cre8 Enterprise from a “sell (d-)” rating to a “sell (d)” rating in a research report on Monday, August 3rd. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Cre8 Enterprise has a consensus rating of “Sell”.

Cre8 Enterprise Trading Up 3.4%

Shares of NASDAQ:CRE opened at $3.01 on Friday. The stock has a fifty day moving average of $2.92 and a 200-day moving average of $2.85. Cre8 Enterprise has a one year low of $1.68 and a one year high of $14.64.

Cre8 Enterprise Company Profile

Cre8 Enterprise Limited (NASDAQ: CRE) is a Hong Kong-based provider of financial printing and related corporate communication services. The company serves publicly listed companies, financial institutions, professional advisers and other corporate clients that require documents prepared for regulatory, investor-relations and business purposes.

Its services include the design, typesetting, printing and distribution of corporate and financial documents, such as annual reports, listing documents, circulars, announcements and other transaction-related materials.