Short Interest in Castellum, Inc. (NYSEAMERICAN:CTM) Grows By 228.7%

Castellum, Inc. (NYSEAMERICAN:CTM) was the recipient of a large increase in short interest in November. As of November 15th, there was short interest totalling 332,300 shares, an increase of 228.7% from the October 31st total of 101,100 shares. Based on an average daily trading volume, of 1,470,000 shares, the days-to-cover ratio is currently 0.2 days. Approximately 1.1% of the shares of the company are sold short.

Hedge Funds Weigh In On Castellum

A hedge fund recently raised its stake in Castellum stock. Virtu Financial LLC boosted its stake in shares of Castellum, Inc. (NYSEAMERICAN:CTM) by 82.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 103,288 shares of the company’s stock after acquiring an additional 46,606 shares during the period. Virtu Financial LLC owned 0.19% of Castellum worth $27,000 at the end of the most recent reporting period. 3.39% of the stock is owned by hedge funds and other institutional investors.

Castellum Price Performance

CTM stock remained flat at $0.20 during trading hours on Friday. The company’s stock had a trading volume of 815,658 shares, compared to its average volume of 868,641. Castellum has a 1 year low of $0.12 and a 1 year high of $0.40. 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 company has a market cap of $11.23 million, a PE ratio of -1.18 and a beta of -3.14.

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.