Castellum, Inc. (NYSEAMERICAN:CTM – Get Free Report) was the recipient of a large growth in short interest during 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. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 169,300 shares, the days-to-cover ratio is currently 0.6 days.
Institutional Investors Weigh In On Castellum
An institutional investor recently raised its position in Castellum stock. Meridian Wealth Management LLC grew its holdings in Castellum, Inc. (NYSEAMERICAN:CTM – Free Report) by 123.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 503,500 shares of the company’s stock after buying an additional 278,500 shares during the quarter. Meridian Wealth Management LLC owned 1.06% of Castellum worth $150,000 as of its most recent SEC filing. Institutional investors and hedge funds own 3.39% of the company’s stock.
Castellum Price Performance
CTM remained flat at $0.27 during trading on Tuesday. 90,370 shares of the company’s stock traded hands, compared to its average volume of 173,317. 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 has a 52 week low of $0.18 and a 52 week high of $1.03. The firm has a market capitalization of $14.32 million, a P/E ratio of -0.73 and a beta of -3.59.
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.
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