Castellum AB (publ) (OTCMKTS:CWQXF) Sees Significant Decrease in Short Interest

Castellum AB (publ) (OTCMKTS:CWQXF) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totalling 588,200 shares, a decline of 52.9% from the September 15th total of 1,248,800 shares. Based on an average trading volume of 400 shares, the days-to-cover ratio is presently 1,470.5 days.

Shares of OTCMKTS CWQXF remained flat at $$23.32 during trading on Thursday. The stock had a trading volume of 67 shares, compared to its average volume of 781. Castellum AB has a 12 month low of $21.50 and a 12 month high of $29.25. The business’s fifty day simple moving average is $27.70 and its 200-day simple moving average is $26.19.

A number of research firms have recently weighed in on CWQXF. UBS Group reissued a “sell” rating on shares of Castellum AB (publ) in a report on Friday, June 18th. Morgan Stanley reissued an “underweight” rating on shares of Castellum AB (publ) in a report on Wednesday, September 1st. Finally, Nordea Equity Research raised Castellum AB (publ) from a “hold” rating to a “buy” rating in a report on Wednesday, June 16th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold”.

Castellum AB (publ) Company Profile

Castellum is one of Sweden's largest listed real estate companies with a property value of SEK 98 billion. We are active in 17 Swedish growth regions as well as in Copenhagen and Helsinki. Every day, 250,000 people go to work in our premises. We develop flexible workplaces and logistics solutions in close proximity to city centers and with a lettable area of 4.3 million square meters.

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