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

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

Institutional Investors Weigh In On Castellum

A number of hedge funds have recently bought and sold shares of the business. Meridian Wealth Management LLC raised its stake in Castellum by 123.8% during the fourth quarter. Meridian Wealth Management LLC now owns 503,500 shares of the company’s stock valued at $150,000 after purchasing an additional 278,500 shares in the last quarter. Inscription Capital LLC purchased a new stake in Castellum during the fourth quarter valued at $74,000. Finally, Virtu Financial LLC raised its stake in Castellum by 82.2% during the first quarter. Virtu Financial LLC now owns 103,288 shares of the company’s stock valued at $27,000 after purchasing an additional 46,606 shares in the last quarter. Hedge funds and other institutional investors own 3.39% of the company’s stock.

Castellum Stock Up 3.2 %

CTM stock opened at $0.22 on Wednesday. Castellum has a one year low of $0.17 and a one year high of $0.60. 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 (NYSEAMERICAN:CTM) last released its earnings results on Wednesday, May 15th. The company reported ($0.08) EPS for the quarter. Castellum had a negative return on equity of 69.28% and a negative net margin of 37.71%. The company had revenue of $11.34 million during the quarter.

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.