As of August 28, 2026, Chicago Atlantic Real Estate Finance, Inc. (REFI) has a DilutionWatch DilutionScore of 42/100, rated MEDIUM dilution risk. This is a component-limited score because one or more material inputs are unavailable or not applicable. Chicago Atlantic Real Estate Finance, Inc. has a market capitalization of $241.13M, 25.62M shares outstanding, 103 institutional holders tracked. Stored dilution-related fields include shelf registration capacity of $452.11M.
This page includes automatically generated factual summaries from DilutionWatch data. It is not financial advice, not investment research, and not a recommendation. Do your own research. Read the full disclaimer and terms of service.
Score Breakdown
💰Cash Runway—
Dilution Forecast
⛅
Watch
Minor dilution signals detected
model est. 10%
💰 Capital Raise
model 20%
• Active shelf registration ($452M, 188% of market cap)
Market Data
Market Cap$241.13M
Shares Outstanding25.62M
Float17.97M
Cash$13.35M
Debt$269.65M
Short InterestN/A
Institutional Holdings
QoQ: ↑ 14.6% shares (2026Q1 vs prior)
103 institutional holders · 7.62M shares
#1
VANGUARD CAPITAL MANAGEMENT LLC
1.46M shares
#2
BlackRock, Inc.
1.43M shares
#3
Fielder Capital Group LLC
959.8K shares
Institutional holder totals are aggregated from ownership filings and may use a different share basis or reporting date than public float. They are not a reconciliation against tradeable float.
Short Interest
Short Interest1.15M
Days to Cover7.7
% of Float6.4%
FINRA data as of Jul 31, 2026
Recent SEC Activity
xbrl
XBRL CONVERTIBLE
2021-12-31
S-3
SHELF
2026-01-16
Full SEC filing analysis available with free account
→
Recent News
No recent news
Factual REFI Dilution Snapshot
Chicago Atlantic Real Estate Finance, Inc. (REFI) has a DilutionScore of 42/100, rated Medium dilution risk. Score date: August 28, 2026.
- Stored shelf registration capacity: $452.1M.
- Recent SEC activity tracked for REFI: S-3 on 2026-01-16; xbrl on 2021-12-31.
- Score coverage note: Cash Runway is marked not applicable or unavailable while debt exceeds cash in stored market data; do not read the overall score as a complete balance-sheet risk assessment.
This automatically generated snapshot is assembled from stored DilutionWatch data fields and may contain data-source errors or omissions. It is not financial advice, not investment research, and not a recommendation. Do your own research and review the full disclaimer and terms of service.
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Score Coverage Note
- Cash Runway is marked not applicable or unavailable while debt exceeds cash in stored market data; do not read the overall score as a complete balance-sheet risk assessment.