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

Castellum, Inc. (NYSEAMERICAN:CTMGet Free Report) was the target of a significant decline in short interest during the month of April. As of April 30th, there was short interest totalling 98,000 shares, a decline of 7.1% from the April 15th total of 105,500 shares. Based on an average daily volume of 139,700 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.4% of the shares of the stock are sold short.

Hedge Funds Weigh In On Castellum

A hedge fund recently bought a new stake in Castellum stock. Inscription Capital LLC acquired a new stake in Castellum, Inc. (NYSEAMERICAN:CTMFree Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 250,000 shares of the company’s stock, valued at approximately $74,000. Inscription Capital LLC owned approximately 0.52% of Castellum as of its most recent SEC filing. Institutional investors and hedge funds own 3.39% of the company’s stock.

Castellum Stock Performance

NYSEAMERICAN CTM opened at $0.25 on Friday. The stock has a market cap of $13.52 million, a price-to-earnings ratio of -0.73 and a beta of -3.27. Castellum has a twelve month low of $0.18 and a twelve month high of $0.81. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.65.

Castellum (NYSEAMERICAN:CTMGet Free Report) last announced its earnings results on Thursday, March 21st. The company reported ($0.04) earnings per share for the quarter. Castellum had a negative net margin of 37.71% and a negative return on equity of 69.28%. The company had revenue of $11.09 million for the quarter.

Castellum Company Profile

(Get Free Report)

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.

Further Reading

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