Cre8 Enterprise Limited (NASDAQ:CRE) Short Interest Down 96.3% in August

Cre8 Enterprise Limited (NASDAQ:CRE) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 1,158 shares, a decline of 96.3% from the August 15th total of 31,617 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 6,012,497 shares, the short-interest ratio is presently 0.0 days.

Cre8 Enterprise Stock Up 1.1%

NASDAQ CRE traded up $0.03 on Thursday, reaching $2.85. The company had a trading volume of 25,105 shares, compared to its average volume of 3,384,619. Cre8 Enterprise has a 1 year low of $1.68 and a 1 year high of $14.64. The firm has a 50-day moving average of $2.96 and a 200-day moving average of $2.83.

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 report on Monday, August 3rd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

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.