Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) Sees Significant Growth in Short Interest

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESYGet Free Report) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 472,300 shares, a growth of 6.2% from the February 29th total of 444,600 shares. Currently, 0.8% of the company’s shares are sold short. Based on an average trading volume of 196,100 shares, the days-to-cover ratio is currently 2.4 days.

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

Shares of CRESY stock opened at $9.08 on Thursday. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a twelve month low of $5.51 and a twelve month high of $10.19. The stock has a market capitalization of $538.81 million, a price-to-earnings ratio of 2.56 and a beta of 1.17. The stock has a fifty day simple moving average of $8.45 and a two-hundred day simple moving average of $8.36. The company has a current ratio of 1.18, a quick ratio of 0.89 and a debt-to-equity ratio of 0.42.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESYGet Free Report) last issued its quarterly earnings data on Thursday, February 8th. The company reported ($0.56) earnings per share for the quarter. The company had revenue of $246.62 million for the quarter. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria had a return on equity of 8.22% and a net margin of 24.32%.

Institutional Investors Weigh In On Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CRESY. Qube Research & Technologies Ltd acquired a new position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the third quarter valued at about $30,000. UBS Group AG increased its holdings in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 879.6% in the third quarter. UBS Group AG now owns 5,613 shares of the company’s stock valued at $31,000 after purchasing an additional 5,040 shares during the period. Virtu Financial LLC acquired a new position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the second quarter valued at about $53,000. Private Advisor Group LLC acquired a new position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the first quarter valued at about $66,000. Finally, Jane Street Group LLC acquired a new position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the third quarter valued at about $99,000. 12.90% of the stock is currently owned by hedge funds and other institutional investors.

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

(Get Free Report)

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.

Read More

Receive News & Ratings for Cresud Sociedad Anónima Comercial Inmobiliaria Financiera y Agropecuaria Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cresud Sociedad Anónima Comercial Inmobiliaria Financiera y Agropecuaria and related companies with MarketBeat.com's FREE daily email newsletter.