CaliberCos Inc. (NASDAQ:CWD – Get Free Report) was the recipient of a large increase in short interest in April. As of April 15th, there was short interest totalling 27,000 shares, an increase of 95.7% from the March 31st total of 13,800 shares. Based on an average daily trading volume, of 25,800 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.4% of the shares of the stock are sold short.
Hedge Funds Weigh In On CaliberCos
An institutional investor recently bought a new position in CaliberCos stock. Fortitude Family Office LLC acquired a new stake in CaliberCos Inc. (NASDAQ:CWD – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 48,313 shares of the company’s stock, valued at approximately $62,000. Fortitude Family Office LLC owned 0.35% of CaliberCos at the end of the most recent quarter. 4.06% of the stock is owned by hedge funds and other institutional investors.
CaliberCos Trading Up 2.5 %
Shares of CaliberCos stock traded up $0.02 on Friday, hitting $0.81. 40,903 shares of the company traded hands, compared to its average volume of 24,328. The company has a market cap of $11.62 million and a P/E ratio of -1.29. The firm’s 50-day simple moving average is $1.03 and its 200 day simple moving average is $1.26. CaliberCos has a 12-month low of $0.77 and a 12-month high of $13.00.
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.
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