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

Castellum, Inc. (NYSEAMERICAN:CTM) was the recipient of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 2,840,000 shares, a growth of 54.3% from the February 28th total of 1,840,000 shares. Approximately 5.0% of the company’s shares are short sold. Based on an average daily volume of 9,930,000 shares, the days-to-cover ratio is currently 0.3 days.

Castellum Trading Up 2.9 %

CTM opened at $1.06 on Tuesday. The firm has a market capitalization of $74.14 million, a P/E ratio of -6.24 and a beta of -12.75. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.11 and a current ratio of 1.11. Castellum has a 1-year low of $0.12 and a 1-year high of $2.83. The business’s fifty day simple moving average is $1.00.

Insider Buying and Selling at Castellum

In other Castellum news, Director Mark C. Fuller sold 275,000 shares of the stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $1.49, for a total transaction of $409,750.00. Following the transaction, the director now directly owns 7,338,659 shares in the company, valued at approximately $10,934,601.91. This represents a 3.61 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 45.55% of the company’s stock.

Institutional Investors Weigh In On Castellum

A number of hedge funds have recently made changes to their positions in CTM. Bank of New York Mellon Corp bought a new stake in shares of Castellum during the 4th quarter valued at $2,456,000. PKS Advisory Services LLC bought a new position in shares of Castellum during the 4th quarter valued at $84,000. Geode Capital Management LLC increased its holdings in shares of Castellum by 49.9% in the fourth quarter. Geode Capital Management LLC now owns 299,643 shares of the company’s stock worth $599,000 after buying an additional 99,714 shares during the period. Finally, Jane Street Group LLC increased its stake in Castellum by 2,180.2% in the 4th quarter. Jane Street Group LLC now owns 449,001 shares of the company’s stock worth $898,000 after purchasing an additional 429,310 shares during the period. 3.39% of the stock is currently owned by institutional investors.

Castellum Company Profile

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.