Castellum, Inc. (NYSEAMERICAN:CTM) Sees Significant Growth in Short Interest

Castellum, Inc. (NYSEAMERICAN:CTM) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 3,100,000 shares, an increase of 378.3% from the December 15th total of 648,100 shares. Based on an average daily volume of 7,210,000 shares, the days-to-cover ratio is presently 0.4 days. Approximately 8.6% of the shares of the company are sold short.

Castellum Price Performance

NYSEAMERICAN:CTM traded up $0.12 during mid-day trading on Tuesday, hitting $0.84. 26,282,704 shares of the company’s stock traded hands, compared to its average volume of 12,153,187. The company has a market cap of $47.14 million, a price-to-earnings ratio of -4.94 and a beta of -2.59. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.63. Castellum has a 12 month low of $0.12 and a 12 month high of $2.83.

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.