Short Interest in CaliberCos Inc. (NASDAQ:CWD) Rises By 25.0%

CaliberCos Inc. (NASDAQ:CWD) saw a significant growth in short interest during the month of March. As of March 31st, there was short interest totaling 85,905 shares, a growth of 25.0% from the March 15th total of 68,722 shares. Based on an average daily volume of 75,441 shares, the short-interest ratio is presently 1.1 days. Currently, 1.4% of the company’s stock are sold short.

CaliberCos Trading Up 5.8%

Shares of CWD stock traded up $0.07 during trading hours on Friday, reaching $1.27. 40,822 shares of the company’s stock were exchanged, compared to its average volume of 82,285. CaliberCos has a 1 year low of $0.95 and a 1 year high of $48.00. The stock has a market cap of $8.48 million, a PE ratio of -0.12 and a beta of -0.29. The stock’s fifty day moving average price is $1.22 and its two-hundred day moving average price is $1.94.

CaliberCos (NASDAQ:CWD) last issued its quarterly earnings results on Wednesday, March 25th. The company reported ($1.24) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.39) by ($0.85). CaliberCos had a negative return on equity of 390.11% and a negative net margin of 108.46%.The business had revenue of $4.13 million for the quarter, compared to analysts’ expectations of $4.13 million. On average, equities analysts expect that CaliberCos will post -0.38 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of CaliberCos in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Reduce”.

Institutional Investors Weigh In On CaliberCos

A number of large investors have recently modified their holdings of the business. Geode Capital Management LLC purchased a new stake in shares of CaliberCos during the fourth quarter worth about $39,000. Jane Street Group LLC acquired a new stake in shares of CaliberCos during the fourth quarter worth about $31,000. XTX Topco Ltd acquired a new stake in shares of CaliberCos during the fourth quarter worth about $28,000. Finally, Brookwood Investment Group LLC acquired a new stake in shares of CaliberCos during the third quarter worth about $51,000. Hedge funds and other institutional investors own 4.06% of the company’s stock.

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.