Short Interest in CaliberCos Inc. (NASDAQ:CWD) Drops By 63.1%

CaliberCos Inc. (NASDAQ:CWD) saw a large decrease in short interest in January. As of January 15th, there was short interest totaling 34,082 shares, a decrease of 63.1% from the December 31st total of 92,337 shares. Based on an average trading volume of 105,169 shares, the short-interest ratio is currently 0.3 days. Currently, 0.6% of the company’s stock are sold short. Currently, 0.6% of the company’s stock are sold short. Based on an average trading volume of 105,169 shares, the short-interest ratio is currently 0.3 days.

CaliberCos Stock Performance

CaliberCos stock opened at $1.36 on Wednesday. The stock has a market cap of $8.88 million, a PE ratio of -0.07 and a beta of -0.24. The stock has a 50-day moving average of $1.65 and a two-hundred day moving average of $2.93. CaliberCos has a one year low of $1.19 and a one year high of $48.00.

CaliberCos (NASDAQ:CWD) last posted its quarterly earnings data on Thursday, November 13th. The company reported ($1.70) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.32) by ($1.38). The company had revenue of $3.64 million for the quarter, compared to analyst estimates of $4.48 million. CaliberCos had a negative net margin of 103.28% and a negative return on equity of 947.22%. As a group, sell-side analysts predict that CaliberCos will post -0.38 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Weiss Ratings reiterated a “sell (e+)” rating on shares of CaliberCos in a research note on Wednesday, January 21st. Zacks Research upgraded CaliberCos from a “strong sell” rating to a “hold” rating in a report on Monday, October 13th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce”.

Institutional Investors Weigh In On CaliberCos

An institutional investor recently bought a new position in CaliberCos stock. Brookwood Investment Group LLC acquired a new stake in shares of CaliberCos Inc. (NASDAQ:CWD) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 11,452 shares of the company’s stock, valued at approximately $51,000. Brookwood Investment Group LLC owned about 0.25% of CaliberCos at the end of the most recent reporting period. Institutional investors own 4.06% of the company’s stock.

About CaliberCos

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.