Castellum, Inc. (NYSEAMERICAN:CTM) Short Interest Down 11.8% in June

Castellum, Inc. (NYSEAMERICAN:CTM) saw a large decrease in short interest in June. As of June 15th, there was short interest totalling 154,300 shares, a decrease of 11.8% from the May 31st total of 175,000 shares. Currently, 0.6% of the shares of the company are sold short. Based on an average daily trading volume, of 127,200 shares, the days-to-cover ratio is presently 1.2 days.

Castellum Trading Up 3.2 %

Shares of 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. Castellum has a 12 month low of $0.17 and a 12 month high of $0.60.

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

Institutional Trading of Castellum

Several institutional investors and hedge funds have recently bought and sold shares of the company. Meridian Wealth Management LLC raised its position in shares of Castellum by 123.8% during the 4th quarter. Meridian Wealth Management LLC now owns 503,500 shares of the company’s stock valued at $150,000 after buying 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 $74,000. Finally, Virtu Financial LLC raised its position in shares of Castellum by 82.2% during the 1st quarter. Virtu Financial LLC now owns 103,288 shares of the company’s stock valued at $27,000 after buying an additional 46,606 shares in the last quarter. 3.39% of the stock is currently owned by hedge funds and other 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.