CaliberCos Inc. (NASDAQ:CWD) Short Interest Up 84.1% in January

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

Hedge Funds Weigh In On CaliberCos

An institutional investor recently raised its position in CaliberCos stock. Koshinski Asset Management Inc. grew its holdings in CaliberCos Inc. (NASDAQ:CWD) by 90.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 110,000 shares of the company’s stock after purchasing an additional 52,094 shares during the period. Koshinski Asset Management Inc. owned approximately 0.50% of CaliberCos worth $69,000 as of its most recent filing with the Securities & Exchange Commission. 4.06% of the stock is owned by institutional investors.

CaliberCos Stock Up 0.2 %

Shares of CaliberCos stock traded up $0.00 on Wednesday, reaching $0.61. The company’s stock had a trading volume of 30,058 shares, compared to its average volume of 79,848. The stock has a 50-day moving average price of $0.57 and a 200-day moving average price of $0.61. The company has a market capitalization of $13.66 million, a P/E ratio of -1.22 and a beta of -1.03. CaliberCos has a 52-week low of $0.37 and a 52-week high of $1.26.

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