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

CaliberCos Inc. (NASDAQ:CWD) was the target of a large decline in short interest in February. As of February 27th, there was short interest totaling 56,379 shares, a decline of 18.4% from the February 12th total of 69,098 shares. Currently, 0.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 45,848 shares, the days-to-cover ratio is currently 1.2 days. Based on an average daily trading volume, of 45,848 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.9% of the shares of the stock are sold short.

CaliberCos Trading Up 0.7%

CWD opened at $1.41 on Friday. The firm has a 50-day moving average price of $1.30 and a two-hundred day moving average price of $2.64. CaliberCos has a 1-year low of $1.05 and a 1-year high of $48.00. The stock has a market capitalization of $9.21 million, a PE ratio of -0.07 and a beta of -0.29.

Institutional Investors Weigh In On CaliberCos

A number of institutional investors and hedge funds have recently modified their holdings of CWD. XTX Topco Ltd acquired a new stake in CaliberCos in the 4th quarter valued at about $28,000. Jane Street Group LLC acquired a new position in CaliberCos during the fourth quarter worth approximately $31,000. Geode Capital Management LLC acquired a new position in CaliberCos during the fourth quarter worth approximately $39,000. Finally, Brookwood Investment Group LLC bought a new stake in CaliberCos in the third quarter valued at approximately $51,000. 4.06% of the stock is owned by institutional investors.

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 research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, CaliberCos currently has an average rating of “Reduce”.

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.