Short Interest in CaliberCos Inc. (NASDAQ:CWD) Rises By 84.1%

CaliberCos Inc. (NASDAQ:CWD) saw a significant increase in short interest in December. As of December 31st, there was short interest totalling 79,000 shares, an increase of 84.1% from the December 15th total of 42,900 shares. Based on an average trading volume of 67,700 shares, the short-interest ratio is currently 1.2 days. Approximately 0.8% of the company’s shares are short sold.

CaliberCos Trading Down 5.7 %

Shares of NASDAQ CWD traded down $0.04 during trading hours on Tuesday, hitting $0.68. 182,614 shares of the company traded hands, compared to its average volume of 113,776. The stock has a market capitalization of $15.23 million, a price-to-earnings ratio of -1.36 and a beta of 0.07. The company’s 50 day moving average price is $0.56 and its 200 day moving average price is $0.62. CaliberCos has a 12 month low of $0.37 and a 12 month high of $1.39.

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

Institutional Trading of CaliberCos

An institutional investor recently raised its position in CaliberCos stock. Koshinski Asset Management Inc. raised its position in CaliberCos Inc. (NASDAQ:CWD) by 90.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 110,000 shares of the company’s stock after acquiring 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 and hedge funds.

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.