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

Castellum, Inc. (NYSEAMERICAN:CTM) was the target of a significant drop in short interest in June. As of June 15th, there was short interest totalling 154,300 shares, a drop of 11.8% from the May 31st total of 175,000 shares. Based on an average daily volume of 127,200 shares, the short-interest ratio is currently 1.2 days. Approximately 0.6% of the company’s stock are sold short.

Castellum Trading Up 3.2 %

CTM stock opened at $0.22 on Wednesday. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.65. The company has a market cap of $11.62 million, a PE ratio of -0.63 and a beta of -3.38. Castellum has a 52-week low of $0.17 and a 52-week high of $0.60.

Castellum (NYSEAMERICAN:CTM) last released its earnings results on Wednesday, May 15th. The company reported ($0.08) EPS for the quarter. Castellum had a negative return on equity of 69.28% and a negative net margin of 37.71%. The company had revenue of $11.34 million during the quarter.

Institutional Trading of Castellum

Institutional investors and hedge funds have recently bought and sold shares of the company. Meridian Wealth Management LLC lifted its holdings in shares of Castellum by 123.8% during the fourth quarter. Meridian Wealth Management LLC now owns 503,500 shares of the company’s stock valued at $150,000 after purchasing an additional 278,500 shares in the last quarter. Inscription Capital LLC purchased a new stake in shares of Castellum during the 4th quarter valued at about $74,000. Finally, Virtu Financial LLC grew its stake in shares of Castellum by 82.2% in the first quarter. Virtu Financial LLC now owns 103,288 shares of the company’s stock worth $27,000 after acquiring an additional 46,606 shares during the period. 3.39% of the stock is currently owned by institutional investors.

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.