Short Interest in Cre8 Enterprise Limited (NASDAQ:CRE) Drops By 96.3%

Cre8 Enterprise Limited (NASDAQ:CREGet Free Report) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 1,158 shares, a drop of 96.3% from the August 15th total of 31,617 shares. Based on an average daily trading volume, of 6,012,497 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.1% of the company’s shares are sold short.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded 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, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Check Out Our Latest Stock Report on Cre8 Enterprise

Cre8 Enterprise Price Performance

CRE stock traded down $0.09 during trading on Friday, reaching $2.76. The company had a trading volume of 15,982 shares, compared to its average volume of 3,385,186. Cre8 Enterprise has a 52 week low of $1.68 and a 52 week high of $14.64. The business has a 50 day moving average of $2.96 and a 200 day moving average of $2.83.

About Cre8 Enterprise

(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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