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

Castellum, Inc. (NYSEAMERICAN:CTM) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 586,500 shares, an increase of 559.7% from the July 15th total of 88,900 shares. Based on an average daily volume of 1,290,000 shares, the short-interest ratio is presently 0.5 days. Currently, 2.2% of the company’s shares are short sold.

Castellum Price Performance

Shares of NYSEAMERICAN:CTM traded up $0.01 during mid-day trading on Tuesday, reaching $0.15. 98,944 shares of the company’s stock were exchanged, compared to its average volume of 637,296. The firm has a market cap of $7.95 million, a PE ratio of -0.40 and a beta of -3.35. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.19 and a current ratio of 1.19. Castellum has a twelve month low of $0.12 and a twelve month high of $0.60.

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

Institutional Investors Weigh In On Castellum

A hedge fund recently raised its stake in Castellum stock. Meridian Wealth Management LLC raised its stake in Castellum, Inc. (NYSEAMERICAN:CTM) by 123.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 503,500 shares of the company’s stock after purchasing an additional 278,500 shares during the period. Meridian Wealth Management LLC owned 1.06% of Castellum worth $150,000 as of its most recent SEC filing. Institutional investors 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.