Castellum, Inc. (NYSEAMERICAN:CTM – Get Free Report) saw a significant growth in short interest in March. As of March 13th, there was short interest totaling 4,596,457 shares, a growth of 19.5% from the February 26th total of 3,844,921 shares. Approximately 6.9% of the company’s stock are short sold. Based on an average daily volume of 715,251 shares, the short-interest ratio is currently 6.4 days.
Hedge Funds Weigh In On Castellum
Several institutional investors and hedge funds have recently bought and sold shares of CTM. Savvy Advisors Inc. grew its stake in shares of Castellum by 18.8% in the 3rd quarter. Savvy Advisors Inc. now owns 227,000 shares of the company’s stock valued at $247,000 after buying an additional 35,900 shares in the last quarter. Inspire Advisors LLC bought a new position in Castellum during the fourth quarter valued at approximately $38,000. Two Sigma Investments LP lifted its stake in Castellum by 135.1% in the third quarter. Two Sigma Investments LP now owns 77,565 shares of the company’s stock valued at $85,000 after acquiring an additional 44,569 shares during the last quarter. Geode Capital Management LLC lifted its stake in Castellum by 6.9% in the fourth quarter. Geode Capital Management LLC now owns 773,724 shares of the company’s stock valued at $699,000 after acquiring an additional 50,197 shares during the last quarter. Finally, Legato Capital Management LLC grew its position in Castellum by 9.6% in the fourth quarter. Legato Capital Management LLC now owns 680,945 shares of the company’s stock worth $615,000 after acquiring an additional 59,536 shares in the last quarter. Hedge funds and other institutional investors own 3.39% of the company’s stock.
Castellum Stock Performance
Shares of CTM stock traded up $0.10 on Wednesday, reaching $0.69. 441,816 shares of the company’s stock traded hands, compared to its average volume of 1,305,395. Castellum has a 12-month low of $0.48 and a 12-month high of $1.56. The company has a market capitalization of $65.56 million, a P/E ratio of -34.40 and a beta of -9.49. The business’s 50 day moving average price is $0.86 and its two-hundred day moving average price is $0.99.
Castellum Company Profile
Castellum AB is a Sweden‐based real estate company specializing in the ownership, management and development of commercial properties. The company’s primary focus is on office premises and logistics facilities situated in attractive growth regions across Sweden and the broader Öresund area. With a strategic emphasis on long‐term leases and strong tenant relationships, Castellum aims to deliver stable rental income and capital appreciation over time.
Founded in 1940 and headquartered in Gothenburg, Castellum has grown through a combination of land acquisitions, property development and selective portfolio divestments.
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