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 increase in short interest during the month of March. As of March 31st, there was short interest totalling 506,700 shares, an increase of 7.3% from the March 15th total of 472,300 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average daily trading volume, of 193,300 shares, the short-interest ratio is presently 2.6 days.

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

NASDAQ:CRESY traded down $0.04 during trading hours on Wednesday, reaching $8.73. 159,011 shares of the stock were exchanged, compared to its average volume of 192,273. The company has a quick ratio of 0.89, a current ratio of 1.18 and a debt-to-equity ratio of 0.42. The firm has a 50 day simple moving average of $8.49 and a 200-day simple moving average of $8.53. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a 52 week low of $5.51 and a 52 week high of $10.19. The stock has a market capitalization of $518.04 million, a P/E ratio of 2.47 and a beta of 1.17.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) last released its earnings results on Thursday, February 8th. The company reported ($0.56) EPS 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%. The firm had revenue of $246.62 million for the quarter.

Institutional Trading of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria

Several hedge funds have recently made changes to their positions in the stock. Sei Investments Co. lifted its holdings in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 2.2% in the 2nd quarter. Sei Investments Co. now owns 93,681 shares of the company’s stock worth $724,000 after purchasing an additional 2,020 shares during the last quarter. Qube Research & Technologies Ltd acquired a new stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the 3rd quarter valued at approximately $30,000. UBS Group AG increased its position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 879.6% in the 3rd quarter. UBS Group AG now owns 5,613 shares of the company’s stock valued at $31,000 after acquiring an additional 5,040 shares during the period. Private Advisor Group LLC acquired a new stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the 1st quarter valued at approximately $66,000. Finally, Virtu Financial LLC acquired a new stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the 2nd quarter valued at approximately $53,000. Institutional investors own 12.90% of the company’s stock.

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.