Short Interest in Callan JMB Inc. (NASDAQ:CJMB) Grows By 62.1%

Callan JMB Inc. (NASDAQ:CJMB) saw a large growth in short interest in May. As of May 29th, there was short interest totaling 88,152 shares, a growth of 62.1% from the May 14th total of 54,372 shares. Approximately 6.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 836,142 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On Callan JMB

An institutional investor recently raised its position in Callan JMB stock. Creative Planning lifted its stake in shares of Callan JMB Inc. (NASDAQ:CJMB) by 41.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 170,008 shares of the company’s stock after purchasing an additional 50,000 shares during the quarter. Creative Planning owned 3.79% of Callan JMB worth $830,000 as of its most recent filing with the Securities and Exchange Commission.

Callan JMB Trading Up 13.9%

Shares of Callan JMB stock opened at $0.80 on Wednesday. The firm has a market capitalization of $4.51 million, a PE ratio of -0.39 and a beta of -0.07. The firm’s 50 day moving average is $0.97 and its 200 day moving average is $1.48. Callan JMB has a 1 year low of $0.65 and a 1 year high of $5.88.

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. The company had revenue of $1.11 million for the quarter. Callan JMB had a negative net margin of 184.70% and a negative return on equity of 285.36%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Wall Street Zen upgraded shares of Callan JMB to a “hold” rating in a research report on Saturday, March 28th. Weiss Ratings restated a “sell (e+)” rating on shares of Callan JMB in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of “Sell”.

Callan JMB Company Profile

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.