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

Castellum, Inc. (NYSEAMERICAN:CTM) saw a large growth in short interest in the month of 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 shares of the stock are sold short. Based on an average daily volume of 9,930,000 shares, the days-to-cover ratio is presently 0.3 days.

Castellum Price Performance

CTM stock traded up $0.03 during trading on Monday, hitting $1.06. The stock had a trading volume of 1,532,034 shares, compared to its average volume of 3,532,611. The business’s 50-day moving average price is $1.00. Castellum has a twelve month low of $0.12 and a twelve month high of $2.83. The stock has a market cap of $74.14 million, a PE ratio of -6.24 and a beta of -12.75. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.11 and a quick ratio of 1.11.

Insider Buying and Selling

In other Castellum news, Director Mark C. Fuller sold 275,000 shares of the stock in a transaction 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 transaction, the director now directly owns 7,338,659 shares of the company’s stock, valued at $10,934,601.91. This trade represents a 3.61 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 45.55% of the stock is currently owned by insiders.

Institutional Trading of Castellum

Institutional investors have recently made changes to their positions in the company. PKS Advisory Services LLC purchased a new stake in shares of Castellum in the fourth quarter valued at approximately $84,000. Geode Capital Management LLC boosted its stake in Castellum by 49.9% during the fourth quarter. Geode Capital Management LLC now owns 299,643 shares of the company’s stock worth $599,000 after buying an additional 99,714 shares during the last quarter. Jane Street Group LLC grew its holdings in Castellum by 2,180.2% in the 4th quarter. Jane Street Group LLC now owns 449,001 shares of the company’s stock valued at $898,000 after buying an additional 429,310 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in shares of Castellum during the 4th quarter worth $2,456,000. 3.39% of the stock is owned by institutional investors and hedge funds.

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.