CaliberCos Inc. (NASDAQ:CWD) Sees Large Growth in Short Interest

CaliberCos Inc. (NASDAQ:CWD) saw a large increase in short interest in October. As of October 15th, there was short interest totalling 202,200 shares, an increase of 106.5% from the September 30th total of 97,900 shares. Based on an average trading volume of 55,600 shares, the short-interest ratio is presently 3.6 days. Approximately 2.4% of the shares of the stock are short sold.

CaliberCos Stock Up 10.7 %

NASDAQ:CWD traded up $0.07 during trading hours on Monday, reaching $0.75. 35,853 shares of the stock were exchanged, compared to its average volume of 33,194. CaliberCos has a twelve month low of $0.50 and a twelve month high of $1.74. The business has a 50-day moving average of $0.64 and a two-hundred day moving average of $0.76. The company has a market capitalization of $16.37 million, a price-to-earnings ratio of -1.01 and a beta of 0.84.

CaliberCos (NASDAQ:CWD) last posted its earnings results on Monday, August 12th. The company reported ($0.22) EPS for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.11). CaliberCos had a negative return on equity of 17.74% and a negative net margin of 19.84%. The firm had revenue of $8.18 million for the quarter. On average, research analysts forecast that CaliberCos will post -0.57 EPS for the current fiscal year.

Institutional Trading of CaliberCos

An institutional investor recently bought a new position in CaliberCos stock. Koshinski Asset Management Inc. purchased a new position in shares of CaliberCos Inc. (NASDAQ:CWD) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 25,000 shares of the company’s stock, valued at approximately $25,000. Koshinski Asset Management Inc. owned approximately 0.17% of CaliberCos at the end of the most recent quarter. Hedge funds and other institutional investors own 4.06% of the company’s stock.

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.