Short Interest in CaliberCos Inc. (NASDAQ:CWD) Rises By 466.0%

CaliberCos Inc. (NASDAQ:CWD) saw a large growth in short interest in August. As of August 15th, there was short interest totalling 26,600 shares, a growth of 466.0% from the July 31st total of 4,700 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 28,200 shares, the short-interest ratio is presently 0.9 days.

CaliberCos Price Performance

Shares of CWD traded up $0.02 during trading hours on Tuesday, hitting $0.63. The stock had a trading volume of 24,660 shares, compared to its average volume of 26,162. The stock has a market capitalization of $13.74 million, a price-to-earnings ratio of -0.85 and a beta of 0.82. The company’s fifty day moving average is $0.71 and its two-hundred day moving average is $0.90. CaliberCos has a 52 week low of $0.50 and a 52 week high of $1.74.

Hedge Funds Weigh In On CaliberCos

An institutional investor recently bought a new position in CaliberCos stock. Koshinski Asset Management Inc. acquired a new position in CaliberCos Inc. (NASDAQ:CWD) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 25,000 shares of the company’s stock, valued at approximately $25,000. Koshinski Asset Management Inc. owned approximately 0.17% of CaliberCos as of its most recent filing with the Securities and Exchange Commission (SEC). 4.06% of the stock is owned by hedge funds and other 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.