CaliberCos Inc. (NASDAQ:CWD) Sees Significant Decline in Short Interest

CaliberCos Inc. (NASDAQ:CWD) was the target of a large decline in short interest in January. As of January 31st, there was short interest totalling 27,800 shares, a decline of 10.9% from the January 15th total of 31,200 shares. Based on an average daily trading volume, of 75,900 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.3% of the shares of the stock are sold short.

CaliberCos Trading Down 4.4 %

CWD stock traded down $0.03 during trading on Tuesday, hitting $0.58. The company had a trading volume of 12,272 shares, compared to its average volume of 63,528. The company has a fifty day moving average price of $0.60 and a two-hundred day moving average price of $0.60. The company has a market cap of $13.08 million, a P/E ratio of -1.16 and a beta of -1.05. CaliberCos has a fifty-two week low of $0.37 and a fifty-two week high of $1.20.

Institutional Trading of CaliberCos

Institutional investors have recently bought and sold shares of the stock. Geode Capital Management LLC boosted its stake in CaliberCos by 166.1% in the 4th quarter. Geode Capital Management LLC now owns 106,043 shares of the company’s stock valued at $74,000 after buying an additional 66,188 shares in the last quarter. Citadel Advisors LLC boosted its stake in CaliberCos by 387.7% in the fourth quarter. Citadel Advisors LLC now owns 108,765 shares of the company’s stock worth $76,000 after purchasing an additional 86,462 shares in the last quarter. Finally, Koshinski Asset Management Inc. boosted its stake in CaliberCos by 27.3% in the fourth quarter. Koshinski Asset Management Inc. now owns 140,000 shares of the company’s stock worth $98,000 after purchasing an additional 30,000 shares in the last quarter. Institutional investors and hedge funds 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.