Creative Realities, Inc. (NASDAQ:CREX) Sees Large Decline in Short Interest

Creative Realities, Inc. (NASDAQ:CREX – Get Rating) was the target of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totalling 51,600 shares, a decrease of 49.6% from the April 15th total of 102,300 shares. Based on an average daily volume of 947,200 shares, the days-to-cover ratio is presently 0.1 days.

Creative Realities stock opened at $0.65 on Friday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.15 and a current ratio of 1.42. The firm has a market capitalization of $11.13 million, a price-to-earnings ratio of 32.52 and a beta of 3.43. Creative Realities has a fifty-two week low of $0.56 and a fifty-two week high of $3.59. The stock’s fifty day moving average is $0.78 and its two-hundred day moving average is $1.24.

Creative Realities (NASDAQ:CREX – Get Rating) last posted its earnings results on Tuesday, March 22nd. The company reported ($0.15) earnings per share for the quarter. Creative Realities had a net margin of 1.26% and a return on equity of 2.54%. The firm had revenue of $5.40 million during the quarter.

In related news, Director Stephen Nesbit purchased 171,800 shares of the business’s stock in a transaction dated Wednesday, March 30th. The stock was acquired at an average price of $0.86 per share, for a total transaction of $147,748.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Donald A. Harris purchased 75,400 shares of the business’s stock in a transaction dated Friday, March 25th. The shares were bought at an average price of $0.86 per share, with a total value of $64,844.00. The disclosure for this purchase can be found here. 9.71% of the stock is owned by corporate insiders.

Several hedge funds have recently bought and sold shares of CREX. ARGI Investment Services LLC grew its stake in Creative Realities by 50.7% during the 3rd quarter. ARGI Investment Services LLC now owns 756,904 shares of the company’s stock valued at $1,022,000 after purchasing an additional 254,643 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in shares of Creative Realities by 1,481.6% in the 4th quarter. Renaissance Technologies LLC now owns 167,651 shares of the company’s stock worth $235,000 after purchasing an additional 157,051 shares during the last quarter. Prospera Financial Services Inc lifted its holdings in shares of Creative Realities by 150.8% in the 1st quarter. Prospera Financial Services Inc now owns 125,400 shares of the company’s stock worth $103,000 after purchasing an additional 75,400 shares during the last quarter. Citadel Advisors LLC bought a new stake in shares of Creative Realities in the 3rd quarter worth approximately $49,000. Finally, Geode Capital Management LLC raised its stake in Creative Realities by 6.4% during the 3rd quarter. Geode Capital Management LLC now owns 165,431 shares of the company’s stock valued at $223,000 after acquiring an additional 10,003 shares in the last quarter. Institutional investors and hedge funds own 13.22% of the company’s stock.

About Creative Realities (Get Rating)

Creative Realities, Inc, together with its subsidiaries, provides digital marketing technology and solutions to retail companies, individual retail brands, enterprises, and organizations in the United States and Canada. The company's technology and solutions include digital merchandising systems and omni-channel customer engagement systems; interactive digital shopping assistants; advisors and kiosks; and other interactive marketing technologies, such as mobile, social media, point-of-sale transactions, beaconing, and Web-based media that enables its customers to engage with their consumers.

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