Short Interest in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) Increases By 7.3%

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY - Get Free Report) was the target of a large growth in short interest in March. As of March 31st, there was short interest totalling 506,700 shares, a growth of 7.3% from the March 15th total of 472,300 shares. Approximately 0.8% of the company's stock are short sold. Based on an average trading volume of 193,300 shares, the short-interest ratio is currently 2.6 days.

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

CRESY traded down $0.04 during trading on Wednesday, reaching $8.73. 159,011 shares of the stock were exchanged, compared to its average volume of 192,301. The company has a market capitalization of $518.04 million, a price-to-earnings ratio of 2.47 and a beta of 1.17. The business's 50 day moving average price is $8.49 and its two-hundred day moving average price is $8.53. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a 1 year low of $5.51 and a 1 year high of $10.19. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.18 and a quick ratio of 0.89.

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

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

Hedge funds and other institutional investors have recently made changes to their positions in the business. Qube Research & Technologies Ltd acquired a new position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the 3rd quarter valued at $30,000. UBS Group AG grew its stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 879.6% during the third quarter. UBS Group AG now owns 5,613 shares of the company's stock worth $31,000 after buying an additional 5,040 shares during the last quarter. Virtu Financial LLC acquired a new position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the second quarter valued at $53,000. Private Advisor Group LLC bought a new stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the 1st quarter valued at $66,000. Finally, Jane Street Group LLC bought a new stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the 3rd quarter worth $99,000. 12.90% of the stock is owned by institutional investors and hedge funds.

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.