CaliberCos Inc. (NASDAQ:CWD) Short Interest Down 45.1% in July

CaliberCos Inc. (NASDAQ:CWD) saw a large decrease in short interest in the month of July. As of July 15th, there was short interest totalling 7,800 shares, a decrease of 45.1% from the June 30th total of 14,200 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 23,300 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in CaliberCos stock. Koshinski Asset Management Inc. bought a new position in shares of CaliberCos Inc. (NASDAQ:CWD) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 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 SEC filing. 4.06% of the stock is currently owned by hedge funds and other institutional investors.

CaliberCos Stock Up 7.1 %

Shares of CWD stock traded up $0.05 on Friday, reaching $0.75. The stock had a trading volume of 8,389 shares, compared to its average volume of 22,948. The firm’s 50-day moving average is $0.89 and its two-hundred day moving average is $1.01. The firm has a market capitalization of $16.37 million, a price-to-earnings ratio of -0.95 and a beta of 0.69. CaliberCos has a 12 month low of $0.69 and a 12 month high of $2.13.

CaliberCos (NASDAQ:CWD) last announced its quarterly earnings results on Thursday, May 9th. The company reported ($0.18) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.16). CaliberCos had a negative net margin of 18.14% and a negative return on equity of 19.75%. The company had revenue of $22.95 million during the quarter. On average, sell-side analysts forecast that CaliberCos will post -0.45 earnings per share for the current fiscal year.

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.