CaliberCos Inc. (NASDAQ:CWD – Get Free Report) was the target of a large growth in short interest in October. As of October 15th, there was short interest totalling 202,200 shares, a growth of 106.5% from the September 30th total of 97,900 shares. Approximately 2.4% of the shares of the company are sold short. Based on an average daily volume of 55,600 shares, the days-to-cover ratio is currently 3.6 days.
CaliberCos Price Performance
CaliberCos stock traded up $0.01 during midday trading on Friday, hitting $0.68. The company’s stock had a trading volume of 18,051 shares, compared to its average volume of 33,182. CaliberCos has a 1-year low of $0.50 and a 1-year high of $1.74. The company has a 50-day moving average price of $0.64 and a two-hundred day moving average price of $0.76. The company has a market cap of $14.79 million, a price-to-earnings ratio of -0.92 and a beta of 0.84.
CaliberCos (NASDAQ:CWD – Get Free Report) last issued its quarterly earnings data on Monday, August 12th. The company reported ($0.22) earnings per share for the quarter, missing the consensus estimate of ($0.11) by ($0.11). CaliberCos had a negative return on equity of 17.74% and a negative net margin of 19.84%. The business had revenue of $8.18 million during the quarter. Sell-side analysts forecast that CaliberCos will post -0.57 EPS for the current year.
Hedge Funds Weigh In On CaliberCos
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.
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