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

Castellum, Inc. (NYSEAMERICAN:CTM - Get Free Report) saw a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 2,840,000 shares, an increase of 54.3% from the February 28th total of 1,840,000 shares. Based on an average daily volume of 9,930,000 shares, the short-interest ratio is presently 0.3 days. Approximately 5.0% of the shares of the company are short sold.

Insider Buying and Selling at Castellum

In other news, Director Mark C. Fuller sold 275,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $1.49, for a total transaction of $409,750.00. Following the completion of the sale, the director now owns 7,338,659 shares of the company's stock, valued at approximately $10,934,601.91. This trade represents a 3.61 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 45.55% of the company's stock.

Hedge Funds Weigh In On Castellum

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of New York Mellon Corp bought a new stake in shares of Castellum in the fourth quarter valued at approximately $2,456,000. Jane Street Group LLC grew its holdings in shares of Castellum by 2,180.2% during the 4th quarter. Jane Street Group LLC now owns 449,001 shares of the company's stock valued at $898,000 after purchasing an additional 429,310 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Castellum by 49.9% during the 4th quarter. Geode Capital Management LLC now owns 299,643 shares of the company's stock valued at $599,000 after acquiring an additional 99,714 shares in the last quarter. Finally, PKS Advisory Services LLC bought a new position in shares of Castellum during the fourth quarter valued at $84,000. Institutional investors own 3.39% of the company's stock.

Castellum Price Performance

CTM stock traded down $0.03 during trading hours on Thursday, reaching $1.01. 913,268 shares of the stock were exchanged, compared to its average volume of 3,532,811. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.11 and a current ratio of 1.11. The company has a market cap of $70.64 million, a P/E ratio of -5.94 and a beta of -12.75. The firm's 50-day simple moving average is $1.01. Castellum has a 12 month low of $0.12 and a 12 month high of $2.83.

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.