Short Interest in CaliberCos Inc. (NASDAQ:CWD) Rises By 84.1%

CaliberCos Inc. (NASDAQ:CWD) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 79,000 shares, a growth of 84.1% from the December 15th total of 42,900 shares. Currently, 0.8% of the company’s stock are short sold. Based on an average daily trading volume, of 67,700 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in CaliberCos stock. Koshinski Asset Management Inc. grew its stake in CaliberCos Inc. (NASDAQ:CWD) by 90.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 110,000 shares of the company’s stock after buying an additional 52,094 shares during the quarter. Koshinski Asset Management Inc. owned approximately 0.50% of CaliberCos worth $69,000 as of its most recent SEC filing. Institutional investors and hedge funds own 4.06% of the company’s stock.

CaliberCos Stock Down 5.7 %

Shares of NASDAQ CWD traded down $0.04 during trading on Tuesday, reaching $0.68. The company had a trading volume of 182,614 shares, compared to its average volume of 113,776. CaliberCos has a 12-month low of $0.37 and a 12-month high of $1.39. The business’s 50-day moving average is $0.56 and its 200 day moving average is $0.62. The stock has a market cap of $15.23 million, a PE ratio of -1.36 and a beta of 0.07.

CaliberCos (NASDAQ:CWD) last issued its earnings results on Tuesday, November 12th. The company reported $0.01 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.13) by $0.14. The business had revenue of $11.30 million during the quarter. CaliberCos had a negative net margin of 16.19% and a negative return on equity of 13.83%. During the same period last year, the firm posted ($0.16) earnings per share. On average, analysts anticipate that CaliberCos will post -0.38 earnings per share for the current year.

CaliberCos Company Profile

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.