Cre8 Enterprise Limited (NASDAQ:CRE) Stock Short Interest Report for September

Cre8 Enterprise Limited (NASDAQ:CRE) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 31,006 shares, a growth of 251.7% from the September 15th total of 8,815 shares. Based on an average daily volume of 70,704 shares, the short-interest ratio is currently 0.4 days. Currently, 1.9% of the company’s shares are short sold.

Cre8 Enterprise Price Performance

Shares of CRE stock traded up $0.03 on Tuesday, hitting $2.76. The stock had a trading volume of 16,462 shares, compared to its average volume of 881,898. The company’s 50 day moving average price is $2.94 and its 200-day moving average price is $2.79. Cre8 Enterprise has a 1 year low of $1.68 and a 1 year high of $8.60.

Analysts Set New Price Targets

Separately, Weiss Ratings raised 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 presently has an average rating of “Sell”.

About Cre8 Enterprise

Cre8 Enterprise Limited (NASDAQ: CRE) is a Hong Kong-based investment holding company that provides financial and corporate advisory services. Its offerings are primarily designed to support companies with capital raising, regulatory compliance, securities transactions, and other corporate needs.

The company provides corporate finance advisory, compliance advisory, and company secretarial services. It also offers securities dealing and brokerage services, including assistance with share placements and underwriting activities.