Creative Realities, Inc. (NASDAQ:CREX) Short Interest Up 7.5% in December

Creative Realities, Inc. (NASDAQ:CREX) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 8,600 shares, a growth of 7.5% from the December 15th total of 8,000 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 64,100 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Geode Capital Management LLC boosted its holdings in shares of Creative Realities by 21.5% in the 3rd quarter. Geode Capital Management LLC now owns 70,871 shares of the company’s stock valued at $325,000 after purchasing an additional 12,546 shares in the last quarter. Essex Investment Management Co. LLC acquired a new position in shares of Creative Realities during the 3rd quarter worth $118,000. Finally, Dimensional Fund Advisors LP lifted its position in shares of Creative Realities by 370.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 49,020 shares of the company’s stock worth $230,000 after buying an additional 38,610 shares during the last quarter. 41.32% of the stock is owned by institutional investors.

Creative Realities Price Performance

CREX stock opened at $2.53 on Tuesday. Creative Realities has a fifty-two week low of $2.30 and a fifty-two week high of $5.20. The business’s fifty day moving average price is $2.95 and its two-hundred day moving average price is $3.94. The stock has a market capitalization of $26.44 million, a price-to-earnings ratio of 16.87 and a beta of 3.24.

Analysts Set New Price Targets

Separately, LADENBURG THALM/SH SH started coverage on Creative Realities in a research note on Monday, December 16th. They issued a “buy” rating and a $6.00 price objective on the stock.

About Creative Realities

Creative Realities, Inc, together with its subsidiaries, provides digital marketing technology and solutions in the United States and internationally. It offers digital signage and media solutions to enhance communications in a wide-ranging variety of out-of-home environments. The company’s 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.