Short Interest in Castellum, Inc. (NYSEAMERICAN:CTM) Decreases By 37.3%

Castellum, Inc. (NYSEAMERICAN:CTMGet Free Report) saw a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 45,300 shares, a decrease of 37.3% from the January 15th total of 72,200 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average daily volume of 293,500 shares, the short-interest ratio is presently 0.2 days.

Castellum Stock Down 2.3 %

Shares of NYSEAMERICAN:CTM opened at $0.30 on Tuesday. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.03. Castellum has a 1 year low of $0.18 and a 1 year high of $1.29.

Castellum (NYSEAMERICAN:CTMGet Free Report) last issued its quarterly earnings results on Tuesday, November 14th. The company reported ($0.05) earnings per share (EPS) for the quarter. Castellum had a negative return on equity of 75.37% and a negative net margin of 48.18%. The business had revenue of $11.74 million for the quarter.

Hedge Funds Weigh In On Castellum

A number of institutional investors and hedge funds have recently made changes to their positions in CTM. Meridian Wealth Management LLC grew its position 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 worth $150,000 after buying an additional 278,500 shares in the last quarter. Inscription Capital LLC acquired a new position in shares of Castellum during the fourth quarter worth about $74,000. Geode Capital Management LLC acquired a new position in shares of Castellum during the fourth quarter worth about $284,000. BlackRock Inc. acquired a new position in shares of Castellum during the second quarter worth about $25,000. Finally, CIBC Asset Management Inc acquired a new position in Castellum in the first quarter valued at approximately $43,000. 2.35% of the stock is owned by institutional investors and hedge funds.

About Castellum

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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, and data analytics services.

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