Short Interest in Castellum, Inc. (NYSEAMERICAN:CTM) Increases By 200.6%

Castellum, Inc. (NYSEAMERICAN:CTM) saw a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 1,950,000 shares, an increase of 200.6% from the January 31st total of 648,700 shares. Approximately 3.9% of the shares of the company are short sold. Based on an average trading volume of 8,450,000 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. PKS Advisory Services LLC purchased a new position in shares of Castellum during the fourth quarter worth about $84,000. Geode Capital Management LLC lifted 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 buying an additional 99,714 shares during the last quarter. Jane Street Group LLC lifted its position in Castellum by 2,180.2% in the 4th quarter. Jane Street Group LLC now owns 449,001 shares of the company’s stock worth $898,000 after buying an additional 429,310 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in Castellum in the 4th quarter worth approximately $2,456,000. Hedge funds and other institutional investors own 3.39% of the company’s stock.

Castellum Stock Up 16.1 %

CTM stock traded up $0.15 during mid-day trading on Friday, reaching $1.08. 15,805,718 shares of the company traded hands, compared to its average volume of 6,376,077. 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 firm has a market capitalization of $75.54 million, a PE ratio of -6.35 and a beta of -12.75. Castellum has a 52-week low of $0.12 and a 52-week high of $2.83.

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.