CaliberCos Inc. (NASDAQ:CWD) Sees Significant Decline in Short Interest

CaliberCos Inc. (NASDAQ:CWD) saw a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 56,379 shares, a decrease of 18.4% from the February 12th total of 69,098 shares. Based on an average trading volume of 45,848 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.9% of the shares of the company are sold short. Currently, 0.9% of the shares of the company are sold short. Based on an average trading volume of 45,848 shares, the days-to-cover ratio is presently 1.2 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of CaliberCos in a research report on Wednesday, January 21st. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce”.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Brookwood Investment Group LLC acquired a new stake in CaliberCos during the 3rd quarter valued at $51,000. Geode Capital Management LLC acquired a new position in CaliberCos in the fourth quarter worth $39,000. Jane Street Group LLC bought a new stake in shares of CaliberCos during the fourth quarter worth $31,000. Finally, XTX Topco Ltd bought a new stake in shares of CaliberCos during the fourth quarter worth $28,000. 4.06% of the stock is owned by institutional investors and hedge funds.

CaliberCos Stock Performance

Shares of NASDAQ:CWD traded up $0.02 on Tuesday, hitting $1.37. The stock had a trading volume of 61,068 shares, compared to its average volume of 75,244. CaliberCos has a twelve month low of $1.05 and a twelve month high of $48.00. The firm’s 50 day moving average price is $1.30 and its 200-day moving average price is $2.62. The company has a market capitalization of $8.95 million, a price-to-earnings ratio of -0.07 and a beta of -0.29.

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.