CaliberCos Inc. (NASDAQ:CWD) Short Interest Down 64.6% in March

CaliberCos Inc. (NASDAQ:CWD) was the target of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 6,800 shares, a decline of 64.6% from the February 28th total of 19,200 shares. Based on an average trading volume of 114,600 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are sold short.

CaliberCos Stock Performance

NASDAQ CWD traded down $0.02 during trading hours on Friday, hitting $0.60. 7,843 shares of the company traded hands, compared to its average volume of 62,072. The business’s 50-day moving average is $0.61 and its 200-day moving average is $0.60. The stock has a market capitalization of $13.37 million, a price-to-earnings ratio of -1.19 and a beta of -1.02. CaliberCos has a twelve month low of $0.37 and a twelve month high of $1.05.

Institutional Investors Weigh In On CaliberCos

Several large investors have recently made changes to their positions in CWD. Koshinski Asset Management Inc. raised its position in CaliberCos by 27.3% during the fourth quarter. Koshinski Asset Management Inc. now owns 140,000 shares of the company’s stock worth $98,000 after acquiring an additional 30,000 shares in the last quarter. Citadel Advisors LLC grew its position in shares of CaliberCos by 387.7% in the 4th quarter. Citadel Advisors LLC now owns 108,765 shares of the company’s stock valued at $76,000 after acquiring an additional 86,462 shares during the period. Finally, Geode Capital Management LLC increased its stake in shares of CaliberCos by 166.1% during the 4th quarter. Geode Capital Management LLC now owns 106,043 shares of the company’s stock worth $74,000 after purchasing an additional 66,188 shares during the last quarter. Institutional investors and hedge funds own 4.06% of the company’s stock.

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.