Cresud S.A.C.I.F. y A. (NASDAQ:CRESY) Short Interest Update

Cresud S.A.C.I.F. y A. (NASDAQ:CRESY) was the target of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 489,619 shares, an increase of 150.3% from the April 15th total of 195,590 shares. Currently, 1.2% of the company’s shares are sold short. Based on an average daily trading volume, of 330,912 shares, the short-interest ratio is presently 1.5 days.

Cresud S.A.C.I.F. y A. Stock Performance

NASDAQ CRESY traded down $0.14 on Friday, hitting $10.55. 153,410 shares of the stock were exchanged, compared to its average volume of 256,407. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.43 and a quick ratio of 1.07. The business’s fifty day moving average is $11.39 and its 200 day moving average is $11.82. Cresud S.A.C.I.F. y A. has a 52 week low of $8.39 and a 52 week high of $14.21. The company has a market capitalization of $666.36 million, a PE ratio of 4.75 and a beta of 0.71.

Cresud S.A.C.I.F. y A. (NASDAQ:CRESY) last announced its quarterly earnings data on Thursday, May 7th. The company reported $999.00 EPS for the quarter. Cresud S.A.C.I.F. y A. had a net margin of 17.44% and a return on equity of 7.17%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on CRESY shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Cresud S.A.C.I.F. y A. in a research note on Friday, March 27th. Wall Street Zen upgraded Cresud S.A.C.I.F. y A. from a “hold” rating to a “buy” rating in a report on Saturday, January 17th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

Insider Buying and Selling

In other Cresud S.A.C.I.F. y A. news, Director Eduardo S. Elsztain bought 8,823 shares of the stock in a transaction on Thursday, May 14th. The stock was purchased at an average price of $10.67 per share, with a total value of $94,141.41. Following the acquisition, the director owned 9,854,101 shares of the company’s stock, valued at approximately $105,143,257.67. The trade was a 0.09% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Alejandro Gustavo Elsztain bought 4,458 shares of the company’s stock in a transaction on Thursday, April 23rd. The shares were acquired at an average price of $11.20 per share, with a total value of $49,929.60. Following the transaction, the director directly owned 1,207,564 shares in the company, valued at approximately $13,524,716.80. The trade was a 0.37% increase in their position. The SEC filing for this purchase provides additional information. Over the last three months, insiders have purchased 26,656 shares of company stock valued at $294,272. 36.20% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Systrade AG boosted its holdings in shares of Cresud S.A.C.I.F. y A. by 190.5% during the fourth quarter. Systrade AG now owns 1,064,993 shares of the company’s stock worth $13,451,000 after acquiring an additional 698,341 shares during the period. Crocodile Capital Partners GmbH increased its stake in shares of Cresud S.A.C.I.F. y A. by 438.1% during the fourth quarter. Crocodile Capital Partners GmbH now owns 767,177 shares of the company’s stock worth $9,689,000 after purchasing an additional 624,614 shares during the period. Kopernik Global Investors LLC lifted its holdings in Cresud S.A.C.I.F. y A. by 13.9% during the 4th quarter. Kopernik Global Investors LLC now owns 4,246,881 shares of the company’s stock worth $53,638,000 after purchasing an additional 519,091 shares during the last quarter. VR Advisory Services Ltd boosted its stake in Cresud S.A.C.I.F. y A. by 113.0% in the 3rd quarter. VR Advisory Services Ltd now owns 886,474 shares of the company’s stock valued at $8,156,000 after purchasing an additional 470,365 shares during the period. Finally, Goldman Sachs Group Inc. boosted its stake in Cresud S.A.C.I.F. y A. by 234.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 114,368 shares of the company’s stock valued at $1,444,000 after purchasing an additional 80,213 shares during the period. Institutional investors and hedge funds own 12.90% of the company’s stock.

About Cresud S.A.C.I.F. y A.

Cresud SAC.I.F. y A. (NASDAQ:CRESY) is an Argentina-based company primarily engaged in agribusiness and real estate activities. Headquartered in Buenos Aires, Cresud operates through a network of subsidiaries focused on crop production, livestock breeding and sustainability initiatives. The company’s agricultural arm cultivates major row crops such as soybeans, corn and wheat, and maintains a sizeable cattle herd across its extensive landholdings.

In its farming operations, Cresud emphasizes soil management, water resource optimization and technological integration.