CaliberCos Inc. (NASDAQ:CWD) Short Interest Up 7.2% in October

CaliberCos Inc. (NASDAQ:CWD) saw a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 216,800 shares, a growth of 7.2% from the October 15th total of 202,200 shares. Currently, 2.3% of the company’s stock are sold short. Based on an average daily volume of 55,400 shares, the days-to-cover ratio is presently 3.9 days.

CaliberCos Stock Up 4.9 %

Shares of CaliberCos stock traded up $0.02 on Tuesday, hitting $0.51. 1,847 shares of the company’s stock traded hands, compared to its average volume of 34,819. CaliberCos has a 52-week low of $0.45 and a 52-week high of $1.74. The stock has a market cap of $11.18 million, a P/E ratio of -1.00 and a beta of 0.56. The firm’s 50-day moving average is $0.63 and its 200 day moving average is $0.73.

CaliberCos (NASDAQ:CWD) last posted its quarterly earnings data on Tuesday, November 12th. The company reported $0.01 EPS for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.14. The firm had revenue of $11.30 million for the quarter. CaliberCos had a negative net margin of 16.19% and a negative return on equity of 13.83%. During the same quarter last year, the company earned ($0.16) earnings per share. Equities research analysts forecast that CaliberCos will post -0.38 EPS for the current year.

Institutional Trading of CaliberCos

An institutional investor recently bought a new position in CaliberCos stock. Koshinski Asset Management Inc. purchased a new stake in CaliberCos Inc. (NASDAQ:CWD) in the first quarter, according to its most recent filing with the SEC. The fund purchased 25,000 shares of the company’s stock, valued at approximately $25,000. Koshinski Asset Management Inc. owned about 0.17% of CaliberCos at the end of the most recent quarter. Institutional investors and hedge funds own 4.06% of the company’s stock.

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.