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

Creative Realities, Inc. (NASDAQ:CREX) saw a large decrease in short interest in September. As of September 15th, there was short interest totaling 35,919 shares, a decrease 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 shares of the stock are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. AWM Investment Company Inc. acquired a new stake in shares of Creative Realities in the 2nd quarter valued at about $826,000. BlackRock Inc. acquired a new position in Creative Realities during the second quarter worth $133,000. Dimensional Fund Advisors LP grew its stake 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 purchasing an additional 6,513 shares during the period. Finally, North Star Investment Management Corp. purchased a new stake in shares of Creative Realities in the first quarter worth about $550,000. Institutional investors and hedge funds own 41.32% of the company’s stock.

Creative Realities Stock Up 2.0%

Shares of NASDAQ:CREX traded up $0.05 during trading on Wednesday, hitting $2.54. The company’s stock had a trading volume of 12,788 shares, compared to its average volume of 31,970. The company has a debt-to-equity ratio of 2.35, a quick ratio of 0.75 and a current ratio of 0.90. The business has a 50 day moving average price of $2.85 and a two-hundred day moving average price of $3.42. The company has a market capitalization of $34.37 million, a PE ratio of -1.20 and a beta of 1.51. Creative Realities has a fifty-two week low of $2.22 and a fifty-two week high of $4.42.

Creative Realities (NASDAQ:CREX) last released its quarterly earnings data on Wednesday, August 12th. The company reported ($0.41) earnings per share 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 analysts’ expectations of $21.73 million. As a group, research analysts expect that Creative Realities will post 0.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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