CaliberCos Inc. (NASDAQ:CWD) Short Interest Update

CaliberCos Inc. (NASDAQ:CWD) was the target of a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 100,970 shares, a drop of 30.6% from the November 30th total of 145,532 shares. Based on an average daily volume of 185,766 shares, the days-to-cover ratio is presently 0.5 days. Approximately 3.1% of the shares of the stock are short sold. Approximately 3.1% of the shares of the stock are short sold. Based on an average daily volume of 185,766 shares, the days-to-cover ratio is presently 0.5 days.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Weiss Ratings restated a “sell (e+)” rating on shares of CaliberCos in a research report on Wednesday, October 8th. Zacks Research upgraded CaliberCos from a “strong sell” rating to a “hold” rating in a research note on Monday, October 13th. Finally, Wall Street Zen upgraded CaliberCos to a “sell” rating in a research report on Saturday, September 20th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, CaliberCos has a consensus rating of “Reduce”.

CaliberCos Price Performance

CWD traded down $0.10 on Monday, reaching $1.48. 109,251 shares of the company’s stock were exchanged, compared to its average volume of 2,054,369. CaliberCos has a twelve month low of $1.42 and a twelve month high of $48.00. The stock has a market cap of $8.31 million, a PE ratio of -0.07 and a beta of -0.41. The stock’s fifty day moving average price is $2.34 and its 200-day moving average price is $3.26.

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

Hedge Funds Weigh In On CaliberCos

An institutional investor recently bought a new position in CaliberCos stock. Clark Capital Management Group Inc. bought a new position in CaliberCos Inc. (NASDAQ:CWD) in the first quarter, according to its most recent disclosure with the SEC. The firm bought 141,056 shares of the company’s stock, valued at approximately $78,000. Clark Capital Management Group Inc. owned about 15.18% of CaliberCos as of its most recent SEC filing. 4.06% of the stock is owned by institutional investors.

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.