Creative Realities, Inc. (NASDAQ:CREX) Short Interest Down 38.2% in October

Creative Realities, Inc. (NASDAQ:CREX) was the target of a large decrease in short interest in October. As of October 31st, there was short interest totalling 9,700 shares, a decrease of 38.2% from the October 15th total of 15,700 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 38,700 shares, the days-to-cover ratio is presently 0.3 days.

Hedge Funds Weigh In On Creative Realities

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP boosted its position in shares of Creative Realities by 370.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 49,020 shares of the company’s stock valued at $230,000 after purchasing an additional 38,610 shares during the period. Thompson Siegel & Walmsley LLC acquired a new position in shares of Creative Realities in the 2nd quarter valued at $206,000. Finally, Essex Investment Management Co. LLC acquired a new stake in Creative Realities during the third quarter worth about $118,000. Hedge funds and other institutional investors own 41.32% of the company’s stock.

Creative Realities Price Performance

Shares of CREX traded down $0.72 during trading hours on Wednesday, reaching $3.71. 512,331 shares of the company traded hands, compared to its average volume of 55,872. The business has a fifty day moving average price of $4.42 and a 200-day moving average price of $4.29. Creative Realities has a 12-month low of $1.82 and a 12-month high of $5.20.

Creative Realities (NASDAQ:CREX) last announced its earnings results on Wednesday, August 14th. The company reported ($0.06) earnings per share for the quarter, hitting the consensus estimate of ($0.06). The firm had revenue of $13.12 million for the quarter, compared to the consensus estimate of $12.90 million. Creative Realities had a negative net margin of 2.40% and a positive return on equity of 0.23%. During the same period in the prior year, the firm earned ($0.19) EPS. On average, equities research analysts predict that Creative Realities will post -0.07 EPS for the current year.

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.