Creatd, Inc. (NASDAQ:CRTD) Sees Significant Decrease in Short Interest

Creatd, Inc. (NASDAQ:CRTD) saw a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 354,300 shares, a decrease of 57.9% from the December 15th total of 841,600 shares. Based on an average daily trading volume, of 4,140,000 shares, the short-interest ratio is presently 0.1 days.

A number of hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in Creatd by 165.1% in the 2nd quarter. Vanguard Group Inc. now owns 350,762 shares of the company’s stock valued at $1,315,000 after acquiring an additional 218,432 shares in the last quarter. Geode Capital Management LLC lifted its position in Creatd by 56.4% in the 3rd quarter. Geode Capital Management LLC now owns 108,111 shares of the company’s stock valued at $292,000 after acquiring an additional 38,983 shares in the last quarter. State Street Corp bought a new position in Creatd in the 2nd quarter valued at approximately $108,000. Natixis bought a new position in Creatd in the 2nd quarter valued at approximately $94,000. Finally, Susquehanna International Group LLP bought a new position in Creatd in the 2nd quarter valued at approximately $84,000. 5.11% of the stock is currently owned by institutional investors and hedge funds.

Creatd stock opened at $1.98 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.38 and a current ratio of 0.38. The stock’s 50 day moving average is $2.44 and its 200 day moving average is $2.94. Creatd has a twelve month low of $1.88 and a twelve month high of $9.80.

Creatd (NASDAQ:CRTD) last posted its quarterly earnings results on Tuesday, November 16th. The company reported ($0.71) earnings per share for the quarter. The company had revenue of $1.18 million during the quarter. Creatd had a negative return on equity of 1,063.01% and a negative net margin of 844.73%.

Creatd Company Profile

Creatd, Inc empowers creators, brands, and entrepreneurs through its technology and partnership. The company’s proprietary technology platforms and complementary digital businesses include Vocal for Brands, Seller’s Choice, and the intellectual property inherent in Vocal’s owned and operated digital communities and future acquisitions.

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