Callan JMB Inc. (NASDAQ:CJMB) Sees Large Growth in Short Interest

Callan JMB Inc. (NASDAQ:CJMB) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 329,344 shares, a growth of 273.6% from the May 31st total of 88,152 shares. Currently, 22.3% of the company’s shares are sold short. Based on an average daily trading volume, of 557,370 shares, the short-interest ratio is presently 0.6 days.

Callan JMB Price Performance

Shares of NASDAQ CJMB traded down $0.01 during trading on Friday, reaching $0.76. 67,123 shares of the stock traded hands, compared to its average volume of 332,599. The stock has a market capitalization of $4.29 million, a P/E ratio of -0.37 and a beta of -0.07. Callan JMB has a 52-week low of $0.65 and a 52-week high of $5.88. The company has a 50-day moving average of $0.89 and a 200-day moving average of $1.41.

Callan JMB (NASDAQ:CJMB) last announced its quarterly earnings data on Friday, May 15th. The company reported ($0.59) earnings per share (EPS) for the quarter. The firm had revenue of $1.11 million during the quarter. Callan JMB had a negative net margin of 184.70% and a negative return on equity of 285.36%.

Analyst Ratings Changes

CJMB has been the topic of several research reports. Wall Street Zen upgraded shares of Callan JMB to a “hold” rating in a report on Saturday, March 28th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Callan JMB in a research note on Wednesday, April 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

Institutional Trading of Callan JMB

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

About Callan JMB

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.