Short Interest in CaliberCos Inc. (NASDAQ:CWD) Grows By 61.2%

CaliberCos Inc. (NASDAQ:CWD) was the target of a significant increase in short interest in January. As of January 30th, there was short interest totaling 54,933 shares, an increase of 61.2% from the January 15th total of 34,082 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average trading volume of 82,144 shares, the days-to-cover ratio is currently 0.7 days. Based on an average trading volume of 82,144 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.9% of the company’s stock are short sold.

CaliberCos Stock Performance

NASDAQ:CWD traded up $0.06 during trading hours on Friday, reaching $1.25. The company’s stock had a trading volume of 48,842 shares, compared to its average volume of 78,791. The firm has a 50-day simple moving average of $1.40 and a 200-day simple moving average of $2.78. CaliberCos has a 1 year low of $1.05 and a 1 year high of $48.00. The firm has a market capitalization of $8.16 million, a price-to-earnings ratio of -0.06 and a beta of -0.24.

CaliberCos (NASDAQ:CWD) last posted its earnings results on Thursday, November 13th. The company reported ($1.70) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.32) by ($1.38). CaliberCos had a negative net margin of 103.28% and a negative return on equity of 947.22%. The business had revenue of $3.64 million for the quarter, compared to analysts’ expectations of $4.48 million. Equities analysts anticipate that CaliberCos will post -0.38 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Brookwood Investment Group LLC bought a new position in shares of CaliberCos during the third quarter valued at approximately $51,000. Geode Capital Management LLC acquired a new stake in shares of CaliberCos during the 4th quarter worth approximately $39,000. Finally, Jane Street Group LLC acquired a new stake in CaliberCos in the 4th quarter valued at $31,000. Institutional investors own 4.06% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of CaliberCos in a report on Wednesday, January 21st. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, CaliberCos presently has a consensus rating of “Reduce”.

About CaliberCos

Caliber (NASDAQ: CWD) is a vertically integrated alternative asset management firm whose purpose is to build generational wealth for investors seeking to access opportunities in middle-market assets. Caliber differentiates itself by creating, managing, and servicing proprietary products, including middle-market investment funds, private syndications, and direct investments which are managed by our in-house asset services group. Our funds include investment vehicles focused primarily on real estate, private equity, and debt facilities.