Castellum, Inc. (NYSEAMERICAN:CTM) Short Interest Up 54.3% in March

Castellum, Inc. (NYSEAMERICAN:CTM) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 2,840,000 shares, a growth of 54.3% from the February 28th total of 1,840,000 shares. Approximately 5.0% of the company’s stock are short sold. Based on an average daily volume of 9,930,000 shares, the days-to-cover ratio is currently 0.3 days.

Insiders Place Their Bets

In related news, Director Mark C. Fuller sold 275,000 shares of the business’s stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $1.49, for a total transaction of $409,750.00. Following the transaction, the director now directly owns 7,338,659 shares in the company, valued at $10,934,601.91. The trade was a 3.61 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 45.55% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Castellum

A number of institutional investors and hedge funds have recently modified their holdings of CTM. PKS Advisory Services LLC acquired a new stake in Castellum during the 4th quarter worth about $84,000. Geode Capital Management LLC boosted its position in Castellum by 49.9% in the 4th quarter. Geode Capital Management LLC now owns 299,643 shares of the company’s stock worth $599,000 after purchasing an additional 99,714 shares in the last quarter. Jane Street Group LLC increased 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 in the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in shares of Castellum in the 4th quarter valued at $2,456,000. Institutional investors and hedge funds own 3.39% of the company’s stock.

Castellum Stock Up 2.9 %

Shares of CTM traded up $0.03 during trading hours on Monday, reaching $1.06. 1,532,034 shares of the company traded hands, compared to its average volume of 3,532,611. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.63. The stock has a fifty day simple moving average of $1.00. Castellum has a 12-month low of $0.12 and a 12-month high of $2.83. The company has a market capitalization of $74.14 million, a PE ratio of -6.24 and a beta of -12.75.

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.