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

CaliberCos Inc. (NASDAQ:CWD) was the target of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 436,688 shares, an increase of 216.8% from the June 30th total of 137,826 shares. Currently, 5.6% of the company’s stock are sold short. Based on an average daily trading volume, of 34,620,592 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of CaliberCos in a research report on Friday, July 17th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce”.

Institutional Investors Weigh In On CaliberCos

Institutional investors and hedge funds have recently bought and sold shares of the business. Geode Capital Management LLC acquired a new position in CaliberCos in the fourth quarter valued at approximately $39,000. Jane Street Group LLC bought a new position in shares of CaliberCos during the fourth quarter worth about $31,000. Finally, XTX Topco Ltd acquired a new position in CaliberCos during the 4th quarter valued at about $28,000. Institutional investors and hedge funds own 4.06% of the company’s stock.

CaliberCos Price Performance

Shares of NASDAQ CWD opened at $0.56 on Monday. The stock’s 50 day moving average price is $0.82 and its two-hundred day moving average price is $1.07. CaliberCos has a 52-week low of $0.54 and a 52-week high of $48.00. The stock has a market capitalization of $4.79 million, a P/E ratio of -0.07 and a beta of -0.10.

CaliberCos (NASDAQ:CWD) last issued its earnings results on Wednesday, May 13th. The company reported ($0.52) EPS for the quarter, missing the consensus estimate of ($0.25) by ($0.27). The firm had revenue of $4.29 million during the quarter, compared to analyst estimates of $4.40 million. CaliberCos had a negative return on equity of 160.62% and a negative net margin of 122.65%. On average, analysts anticipate that CaliberCos will post -0.49 EPS 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. Our funds include investment vehicles focused primarily on real estate, private equity, and debt facilities.