Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) Short Interest Update

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) saw a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 591,900 shares, an increase of 9.9% from the January 15th total of 538,500 shares. Based on an average trading volume of 269,200 shares, the short-interest ratio is currently 2.2 days. Currently, 1.0% of the shares of the company are short sold.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Price Performance

CRESY stock opened at $11.30 on Tuesday. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a one year low of $6.56 and a one year high of $14.23. The stock has a market cap of $681.50 million, a PE ratio of -8.56 and a beta of 1.11. The firm has a 50 day simple moving average of $12.76 and a two-hundred day simple moving average of $10.55. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.09 and a quick ratio of 0.85.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) last issued its quarterly earnings data on Monday, February 10th. The company reported ($0.32) EPS for the quarter. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria had a negative return on equity of 2.46% and a negative net margin of 7.06%.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 10th. Stockholders of record on Monday, December 2nd were paid a $0.6096 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This is a boost from Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria’s previous dividend of $0.38. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria’s dividend payout ratio is -44.70%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 111.2% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 948,270 shares of the company’s stock valued at $11,977,000 after acquiring an additional 499,295 shares during the last quarter. Systrade AG acquired a new position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the fourth quarter valued at about $1,848,000. Crocodile Capital Partners GmbH acquired a new stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the fourth quarter worth about $1,010,000. Glenorchy Capital Ltd boosted its position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 32.0% during the third quarter. Glenorchy Capital Ltd now owns 282,741 shares of the company’s stock worth $2,443,000 after purchasing an additional 68,606 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. boosted its position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 52.0% during the third quarter. B. Riley Wealth Advisors Inc. now owns 163,400 shares of the company’s stock worth $1,421,000 after purchasing an additional 55,900 shares in the last quarter. 12.90% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria from a “hold” rating to a “sell” rating in a report on Tuesday, November 12th.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Company Profile

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria, an agricultural company, engages in the production of agricultural commodities in Brazil and other Latin American countries. The company operates through Agricultural Business, and Business Urban Properties and Investments segments.