Short Interest in Cre8 Enterprise Limited (NASDAQ:CRE) Declines By 47.8%

Cre8 Enterprise Limited (NASDAQ:CRE) saw a large decrease in short interest in July. As of July 31st, there was short interest totaling 36,385 shares, a decrease of 47.8% from the July 15th total of 69,714 shares. Based on an average daily volume of 81,880 shares, the short-interest ratio is presently 0.4 days. Currently, 2.2% of the company’s stock are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of Cre8 Enterprise from a “sell (d-)” rating to a “sell (d)” rating in a research note on Monday, August 3rd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Cre8 Enterprise presently has an average rating of “Sell”.

Cre8 Enterprise Price Performance

NASDAQ:CRE traded down $0.08 on Friday, hitting $2.69. The company’s stock had a trading volume of 8,601 shares, compared to its average volume of 58,272. Cre8 Enterprise has a one year low of $1.68 and a one year high of $14.64. The stock has a fifty day moving average of $2.93 and a two-hundred day moving average of $2.83.

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.