CaliberCos Inc. (NASDAQ:CWD) Short Interest Up 25.8% in February

CaliberCos Inc. (NASDAQ:CWD) was the target of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 69,098 shares, a growth of 25.8% from the January 29th total of 54,933 shares. Approximately 1.2% of the company’s stock are short sold. Based on an average daily volume of 78,792 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily volume of 78,792 shares, the days-to-cover ratio is currently 0.9 days. Approximately 1.2% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

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

CaliberCos Stock Performance

CWD stock opened at $1.31 on Thursday. The business has a 50-day simple moving average of $1.30 and a two-hundred day simple moving average of $2.66. The company has a market capitalization of $8.55 million, a P/E ratio of -0.07 and a beta of -0.29. CaliberCos has a 52-week low of $1.05 and a 52-week high of $48.00.

Hedge Funds Weigh In On CaliberCos

Large investors have recently bought and sold shares of the stock. Geode Capital Management LLC bought a new stake in shares of CaliberCos in the 4th quarter worth $39,000. Jane Street Group LLC purchased a new position in CaliberCos during the fourth quarter worth about $31,000. XTX Topco Ltd purchased a new stake in CaliberCos in the 4th quarter valued at about $28,000. Finally, Brookwood Investment Group LLC purchased a new stake in CaliberCos in the 3rd quarter valued at about $51,000. 4.06% of the stock is currently 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.