Cresud S.A.C.I.F. Y A. – American Depositary Share (NASDAQ:CRESY) Just Reported Decreased Shorts

Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) Logo

The stock of Cresud S.A.C.I.F. Y A. – American Depositary Share (NASDAQ:CRESY) registered a decrease of 5.09% in short interest. CRESY’s total short interest was 160,200 shares in December as published by FINRA. Its down 5.09% from 168,800 shares, reported previously. With 127,500 shares average volume, it will take short sellers 1 days to cover their CRESY’s short positions. The short interest to Cresud S.A.C.I.F. Y A. – American Depositary Share’s float is 0.61%.

The stock increased 1.25% or $0.15 during the last trading session, reaching $12.19. About 110,732 shares traded or 10.95% up from the average. Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) has declined 30.18% since December 7, 2017 and is downtrending. It has underperformed by 45.80% the S&P500.

Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria, an agricultural company, produces basic agricultural commodities in Brazil and other Latin American countries. The company has market cap of $577.60 million. The companyÂ’s Agricultural business is involved in planting, harvesting, and sale of crops, such as wheat, corn, soybean, cotton, and sunflower, as well as sugarcane; breeding, purchasing, and fattening of beef cattle for sale to meat processors and local livestock auction markets; producing raw milk for sale to local milk and milk-related products producers; leasing of farms to third parties; disposal and development of farmlands activities; and feedlot farming, as well as meat slaughtering and processing activities. It has a 2.25 P/E ratio. The Company’s Investment and Development Properties business engages in the commercial exploitation, development, and lease of commercial facilities and other spaces in shopping centers; lease and servicing of office spaces other rental properties; development, sale, and maintenance of undeveloped parcels of land and/or trading properties; operation of hotels; and provision of consumer financing services.

More notable recent Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) news were published by: Prnewswire.com which released: “Cresud SACIF y A. Announces Results for the FY 2018 ended June 30, 2018 – PR Newswire” on September 06, 2018, also Seekingalpha.com with their article: “BrasilAgro: Cerrado Deforestation Could Reduce Farmland Value, Put Soy Revenue At Risk – Seeking Alpha” published on November 30, 2017, Seekingalpha.com published: “Cresud SACIF’s (CRESY) CEO Carlos Blousson on Q3 2017 Results – Earnings Call Transcript – Seeking Alpha” on May 15, 2018. More interesting news about Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) were released by: Seekingalpha.com and their article: “Cresud S.A.C.I.F. y A. 2019 Q1 – Results – Earnings Call Slides – Seeking Alpha” published on November 13, 2018 as well as Prnewswire.com‘s news article titled: “Cresud SACIF y A. Announces Results for the second quarter of FY 2018 ended December 31, 2017 – PR Newswire” with publication date: February 14, 2018.

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