Castellum, Inc. (NYSEAMERICAN:CTM) Sees Large Growth in Short Interest

Castellum, Inc. (NYSEAMERICAN:CTM - Get Free Report) saw a significant growth in short interest in February. As of February 15th, there was short interest totalling 1,950,000 shares, a growth of 200.6% from the January 31st total of 648,700 shares. Approximately 3.9% of the company's stock are short sold. Based on an average daily volume of 8,450,000 shares, the days-to-cover ratio is currently 0.2 days.

Castellum Price Performance

Shares of CTM stock traded up $0.27 during trading hours on Tuesday, reaching $1.52. The company had a trading volume of 10,438,100 shares, compared to its average volume of 7,390,540. The firm has a fifty day moving average of $1.00. The company has a market capitalization of $106.31 million, a P/E ratio of -8.94 and a beta of -12.75. Castellum has a 12 month low of $0.12 and a 12 month high of $2.83. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.63.

Institutional Trading of Castellum

Hedge funds have recently bought and sold shares of the business. Jane Street Group LLC lifted its holdings in Castellum by 2,180.2% during the fourth quarter. Jane Street Group LLC now owns 449,001 shares of the company's stock worth $898,000 after acquiring an additional 429,310 shares during the period. Geode Capital Management LLC increased its position in Castellum by 49.9% in the fourth quarter. Geode Capital Management LLC now owns 299,643 shares of the company's stock worth $599,000 after buying an additional 99,714 shares during the last quarter. PKS Advisory Services LLC purchased a new stake in Castellum in the fourth quarter worth $84,000. Finally, Bank of New York Mellon Corp purchased a new stake in Castellum in the fourth quarter worth $2,456,000. 3.39% of the stock is currently owned by institutional investors.

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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.