Cre8 Enterprise Limited (NASDAQ:CRE) Short Interest Up 92.9% in July

Cre8 Enterprise Limited (NASDAQ:CRE) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 69,714 shares, a growth of 92.9% from the June 30th total of 36,133 shares. Approximately 4.3% of the shares of the stock are sold short. Based on an average trading volume of 1,205,277 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Cre8 Enterprise in a report on Monday, June 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Cre8 Enterprise presently has a consensus rating of “Sell”.

Cre8 Enterprise Price Performance

NASDAQ:CRE traded down $0.17 during mid-day trading on Friday, hitting $2.42. 24,401 shares of the company’s stock were exchanged, compared to its average volume of 698,925. Cre8 Enterprise has a fifty-two week low of $1.68 and a fifty-two week high of $93.24. The stock’s 50 day moving average is $2.94.

Cre8 Enterprise Company Profile

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.