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

Castellum, Inc. (NYSEAMERICAN:CTM) saw a large drop in short interest in October. As of October 15th, there was short interest totalling 181,500 shares, a drop of 11.1% from the September 30th total of 204,200 shares. Based on an average trading volume of 257,000 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.6% of the company’s stock are short sold.

Castellum Price Performance

Shares of CTM traded down $0.00 during mid-day trading on Thursday, hitting $0.15. 90,996 shares of the company’s stock were exchanged, compared to its average volume of 517,359. The stock has a market capitalization of $8.38 million, a P/E ratio of -0.45 and a beta of -3.32. Castellum has a 52 week low of $0.12 and a 52 week high of $0.60. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.66.

Castellum (NYSEAMERICAN:CTM) last released its quarterly earnings data on Friday, August 9th. The company reported ($0.03) EPS for the quarter. The company had revenue of $11.52 million during the quarter. Castellum had a negative net margin of 37.95% and a negative return on equity of 80.72%.

Institutional Investors Weigh In On Castellum

A hedge fund recently raised its stake in Castellum stock. Virtu Financial LLC raised its holdings in Castellum, Inc. (NYSEAMERICAN:CTM) by 82.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 103,288 shares of the company’s stock after acquiring an additional 46,606 shares during the period. Virtu Financial LLC owned about 0.19% of Castellum worth $27,000 at the end of the most recent quarter. 3.39% of the stock is currently owned by institutional investors and hedge funds.

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.