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 April. As of April 15th, there was short interest totalling 27,000 shares, an increase of 95.7% from the March 31st total of 13,800 shares. Based on an average daily trading volume, of 25,800 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.4% of the shares of the stock are sold short.

Hedge Funds Weigh In On CaliberCos

An institutional investor recently bought a new position in CaliberCos stock. Fortitude Family Office LLC acquired a new stake in CaliberCos Inc. (NASDAQ:CWD) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 48,313 shares of the company’s stock, valued at approximately $62,000. Fortitude Family Office LLC owned 0.35% of CaliberCos at the end of the most recent quarter. 4.06% of the stock is owned by hedge funds and other institutional investors.

CaliberCos Trading Up 2.5 %

Shares of CaliberCos stock traded up $0.02 on Friday, hitting $0.81. 40,903 shares of the company traded hands, compared to its average volume of 24,328. The company has a market cap of $11.62 million and a P/E ratio of -1.29. The firm’s 50-day simple moving average is $1.03 and its 200 day simple moving average is $1.26. CaliberCos has a 12-month low of $0.77 and a 12-month high of $13.00.

CaliberCos (NASDAQ:CWD) last issued its earnings results on Monday, April 15th. The company reported ($0.11) EPS for the quarter. The business had revenue of $23.95 million during the quarter. CaliberCos had a negative return on equity of 17.17% and a negative net margin of 13.97%. Analysts predict that CaliberCos will post -0.45 earnings per share for the current 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.