Castellum, Inc. (NYSEAMERICAN:CTM) Short Interest Update

Castellum, Inc. (NYSEAMERICAN:CTM) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 105,500 shares, an increase of 25.4% from the March 31st total of 84,100 shares. Based on an average daily volume of 169,300 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.4% of the company’s stock are sold short.

Castellum Price Performance

Shares of NYSEAMERICAN CTM remained flat at $0.27 during trading hours on Tuesday. 90,370 shares of the company traded hands, compared to its average volume of 173,317. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.19 and a current ratio of 1.19. The company has a market cap of $14.32 million, a price-to-earnings ratio of -0.73 and a beta of -3.59. Castellum has a 1 year low of $0.18 and a 1 year high of $1.03.

Castellum (NYSEAMERICAN:CTM) last released its earnings results on Thursday, March 21st. The company reported ($0.04) earnings per share for the quarter. The company had revenue of $11.09 million for the quarter. Castellum had a negative return on equity of 60.73% and a negative net margin of 39.34%.

Institutional Trading of Castellum

An institutional investor recently raised its position in Castellum stock. Meridian Wealth Management LLC increased its position in shares of Castellum, Inc. (NYSEAMERICAN:CTM) by 44.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 225,000 shares of the company’s stock after buying an additional 69,000 shares during the period. Meridian Wealth Management LLC owned 0.47% of Castellum worth $52,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 3.39% of the company’s stock.

About Castellum

Castellum, Inc provides services in the areas of cybersecurity, information technology, electronic and information warfare, and information operations. Its services include intelligence analysis, software development, software engineering, program management, strategic and mission planning, information assurance, cybersecurity and policy support, data analytics, and model based systems engineering services.