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

CaliberCos Inc. (NASDAQ:CWD) was the recipient of a large increase in short interest in 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 shares of the stock are sold short. Based on an average daily volume of 34,620,592 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. XTX Topco Ltd acquired a new stake in shares of CaliberCos in the fourth quarter worth approximately $28,000. Jane Street Group LLC purchased a new position in CaliberCos during the fourth quarter worth approximately $31,000. Finally, Geode Capital Management LLC purchased a new position in CaliberCos during the fourth quarter worth approximately $39,000. 4.06% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of CaliberCos in a research note 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce”.

CaliberCos Trading Down 6.0%

Shares of CaliberCos stock traded down $0.03 during trading hours on Tuesday, reaching $0.50. 324,756 shares of the company’s stock were exchanged, compared to its average volume of 2,611,892. CaliberCos has a 52-week low of $0.48 and a 52-week high of $48.00. The firm has a market capitalization of $4.25 million, a price-to-earnings ratio of -0.07 and a beta of -0.10. The company has a fifty day moving average of $0.82 and a 200-day moving average of $1.07.

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