Cre8 Enterprise Limited (NASDAQ:CRE) Sees Large Decline in Short Interest

Cre8 Enterprise Limited (NASDAQ:CREGet Free Report) was the recipient of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 36,385 shares, a decline 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 currently 0.4 days. Currently, 2.2% of the shares of the company are short sold.

Wall Street Analyst Weigh In

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

Read Our Latest Stock Report on Cre8 Enterprise

Cre8 Enterprise Stock Performance

CRE traded down $0.08 during trading on Friday, hitting $2.69. The stock had a trading volume of 8,601 shares, compared to its average volume of 58,272. The company has a 50 day moving average price of $2.93 and a 200-day moving average price of $2.83. Cre8 Enterprise has a one year low of $1.68 and a one year high of $14.64.

Cre8 Enterprise Company Profile

(Get Free Report)

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.

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