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

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Geode Capital Management LLC grew its holdings 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 valued at $74,000 after purchasing an additional 66,188 shares during the last quarter. Citadel Advisors LLC boosted its position in CaliberCos by 387.7% in the fourth quarter. Citadel Advisors LLC now owns 108,765 shares of the company’s stock valued at $76,000 after buying an additional 86,462 shares in the last quarter. Finally, Koshinski Asset Management Inc. boosted its position in CaliberCos by 27.3% in the fourth quarter. Koshinski Asset Management Inc. now owns 140,000 shares of the company’s stock valued at $98,000 after buying an additional 30,000 shares in the last quarter. Institutional investors own 4.06% of the company’s stock.

CaliberCos Price Performance

NASDAQ:CWD traded down $0.02 during trading hours on Friday, hitting $0.60. The company’s stock had a trading volume of 7,843 shares, compared to its average volume of 62,045. CaliberCos has a twelve month low of $0.37 and a twelve month high of $1.05. The stock has a fifty day simple moving average of $0.61 and a 200-day simple moving average of $0.60. The company has a market capitalization of $13.37 million, a P/E ratio of -1.19 and a beta of -1.02.

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.