Callan JMB Inc. (NASDAQ:CJMB) Sees Significant Drop in Short Interest

Callan JMB Inc. (NASDAQ:CJMB) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 26,183 shares, a decline of 69.5% from the June 30th total of 85,963 shares. Currently, 1.8% of the shares of the company are sold short. Based on an average daily volume of 59,808 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On Callan JMB

An institutional investor recently raised its stake in Callan JMB stock. Creative Planning increased its position in Callan JMB Inc. (NASDAQ:CJMB) by 41.7% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 170,008 shares of the company’s stock after acquiring an additional 50,000 shares during the period. Creative Planning owned approximately 3.79% of Callan JMB worth $830,000 at the end of the most recent reporting period.

Wall Street Analyst Weigh In

A number of analysts have weighed in on CJMB shares. Wall Street Zen raised shares of Callan JMB to a “hold” rating in a report on Saturday, March 28th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Callan JMB in a report on Wednesday, April 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Callan JMB has a consensus rating of “Sell”.

Callan JMB Trading Up 8.5%

NASDAQ:CJMB opened at $2.55 on Friday. The stock has a 50 day moving average of $0.89 and a 200-day moving average of $1.36. The firm has a market capitalization of $14.41 million, a PE ratio of -1.23 and a beta of -0.26. Callan JMB has a 52 week low of $0.65 and a 52 week high of $5.61.

Callan JMB (NASDAQ:CJMB) last announced its quarterly earnings results on Friday, May 15th. The company reported ($0.59) earnings per share (EPS) for the quarter. Callan JMB had a negative return on equity of 285.36% and a negative net margin of 184.70%.The company had revenue of $1.11 million during the quarter.

About Callan JMB

Callan JMB is a vertically integrated logistics and fulfillment company which provides thermal management logistics solutions to the life sciences industry through a combination of proprietary packaging, information technology and specialized cold chain logistics knowhow. We provide a system that utilizes advanced predictive technology to revolutionize the supply chain by guaranteeing the safety, effectiveness, and potency of every product handled to ensure product integrity, and to provide immediate response in time-sensitive industries while ensuring environmental responsibility.