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 large growth in short interest in September. As of September 15th, there was short interest totalling 613,200 shares, a growth of 5.4% from the August 31st total of 581,800 shares. Approximately 1.0% of the company’s shares are short sold. Based on an average daily volume of 154,700 shares, the short-interest ratio is currently 4.0 days.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd.

Hedge Funds Weigh In On Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria

A number of institutional investors have recently bought and sold shares of CRESY. Helikon Investments Ltd raised its holdings in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 13.6% in the first quarter. Helikon Investments Ltd now owns 637,624 shares of the company’s stock worth $5,694,000 after purchasing an additional 76,113 shares in the last quarter. Quadrature Capital Ltd increased its stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 89.6% in the 4th quarter. Quadrature Capital Ltd now owns 107,750 shares of the company’s stock worth $1,020,000 after acquiring an additional 50,923 shares in the last quarter. B. Riley Wealth Advisors Inc. purchased a new position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the 2nd quarter valued at about $884,000. Herr Investment Group LLC bought a new stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the second quarter worth about $821,000. Finally, Ping Capital Management Inc. purchased a new stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the second quarter worth about $773,000. 12.90% of the stock is owned by institutional investors.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Trading Down 0.3 %

CRESY traded down $0.03 during midday trading on Tuesday, reaching $8.61. 19,597 shares of the company’s stock traded hands, compared to its average volume of 175,435. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a 52 week low of $6.16 and a 52 week high of $10.75. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.08 and a quick ratio of 0.80. The firm has a fifty day moving average of $8.18 and a two-hundred day moving average of $8.66. The stock has a market capitalization of $510.91 million, a price-to-earnings ratio of 4.49 and a beta of 1.10.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) last announced its earnings results on Thursday, September 5th. The company reported $1.00 EPS for the quarter. The company had revenue of $294.43 million during the quarter. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria had a return on equity of 3.90% and a net margin of 11.64%.

About Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria

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.