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

Castellum, Inc. (NYSEAMERICAN:CTM) was the recipient of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 105,500 shares, a growth of 25.4% from the March 31st total of 84,100 shares. Based on an average trading volume of 169,300 shares, the short-interest ratio is currently 0.6 days. Approximately 0.4% of the company’s shares are short sold.

Castellum Stock Performance

CTM stock remained flat at $0.27 during midday trading on Tuesday. 90,370 shares of the company’s stock traded hands, compared to its average volume of 173,317. The stock has a market cap of $14.32 million, a PE ratio of -0.73 and a beta of -3.59. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.19 and a quick ratio of 1.19. Castellum has a 12-month low of $0.18 and a 12-month high of $1.03.

Castellum (NYSEAMERICAN:CTM) last released its earnings results on Thursday, March 21st. The company reported ($0.04) EPS for the quarter. The firm had revenue of $11.09 million during the quarter. Castellum had a negative return on equity of 60.73% and a negative net margin of 39.34%.

Hedge Funds Weigh In On Castellum

A hedge fund recently raised its stake in Castellum stock. Meridian Wealth Management LLC lifted its holdings in shares of Castellum, Inc. (NYSEAMERICAN:CTM) by 123.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 503,500 shares of the company’s stock after acquiring an additional 278,500 shares during the quarter. Meridian Wealth Management LLC owned about 1.06% of Castellum worth $150,000 as of its most recent filing with the Securities and Exchange Commission. 3.39% of the stock is currently owned by institutional investors and hedge funds.

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.