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

CaliberCos Inc. (NASDAQ:CWD) was the recipient of a large growth in short interest during the month of 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. Currently, 0.8% of the shares of the company are short sold. Based on an average daily volume of 67,700 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Investors 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% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 110,000 shares of the company’s stock after acquiring an additional 52,094 shares during the quarter. Koshinski Asset Management Inc. owned 0.50% of CaliberCos worth $69,000 at the end of the most recent reporting period. 4.06% of the stock is owned by hedge funds and other institutional investors.

CaliberCos Price Performance

Shares of NASDAQ:CWD traded up $0.00 during mid-day trading on Wednesday, reaching $0.61. 30,058 shares of the company traded hands, compared to its average volume of 79,848. The company’s 50 day moving average price is $0.57 and its 200-day moving average price is $0.61. The firm has a market cap of $13.66 million, a PE 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 released its earnings results on Tuesday, November 12th. The company reported $0.01 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.14. The business 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 quarter in the previous year, the business earned ($0.16) EPS. On average, research analysts predict 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.