Creative Realities, Inc. (NASDAQ:CREX) Shares Shorted: Short Interest Down 43.1% in September

Creative Realities, Inc. (NASDAQ:CREX) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totaling 35,919 shares, a decline 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 presently 1.0 days. Approximately 0.4% of the shares of the stock are short sold.

Creative Realities Price Performance

NASDAQ:CREX opened at $2.48 on Friday. Creative Realities has a 12-month low of $2.23 and a 12-month high of $4.42. The firm has a market cap of $33.55 million, a price-to-earnings ratio of -1.18 and a beta of 1.52. The company’s 50-day moving average is $2.84 and its two-hundred day moving average is $3.41. The company has a current ratio of 0.90, a quick ratio of 0.75 and a debt-to-equity ratio of 2.35.

Creative Realities (NASDAQ:CREX) last issued its quarterly earnings results on Wednesday, August 12th. The company reported ($0.41) EPS for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.12). The firm had revenue of $21.51 million for the quarter, compared to analysts’ expectations of $21.73 million. Creative Realities had a negative return on equity of 88.21% and a negative net margin of 29.29%. Research analysts expect that Creative Realities will post 0.31 EPS for the current year.

Analyst Ratings Changes

A number of research firms have commented on CREX. Weiss Ratings reissued a “sell (d-)” rating on shares of Creative Realities in a report on Friday, July 17th. Alliance Global Partners reissued a “buy” rating on shares of Creative Realities in a report on Friday, July 24th. LADENBURG THALM/SH SH increased their target price on shares of Creative Realities from $7.50 to $8.00 and gave the company a “buy” rating in a report on Friday, August 14th. Finally, Zacks Research raised Creative Realities from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 26th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Creative Realities currently has a consensus rating of “Hold” and an average target price of $8.00.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in CREX. BlackRock Inc. acquired a new stake in shares of Creative Realities during the second quarter worth $133,000. Dimensional Fund Advisors LP increased its stake in Creative Realities by 13.5% in the first 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 last quarter. North Star Investment Management Corp. acquired a new position in Creative Realities in the first quarter valued at $550,000. Finally, AWM Investment Company Inc. purchased a new position in Creative Realities during the second quarter worth about $826,000. Hedge funds and other institutional investors own 41.32% of the company’s stock.

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.