Callan JMB Inc. (NASDAQ:CJMB) Sees Significant Decrease in Short Interest

Callan JMB Inc. (NASDAQ:CJMB) was the target of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 85,963 shares, a decline of 73.9% from the June 15th total of 329,344 shares. Based on an average daily volume of 59,309 shares, the days-to-cover ratio is currently 1.4 days. Approximately 5.8% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on CJMB. Wall Street Zen upgraded Callan JMB to a “hold” rating in a report on Saturday, March 28th. Weiss Ratings reaffirmed 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 an average rating of “Sell”.

Callan JMB Stock Up 2.6%

CJMB stock traded up $0.02 during trading on Monday, reaching $0.79. The company had a trading volume of 46,389 shares, compared to its average volume of 75,415. The firm has a 50-day simple moving average of $0.83 and a 200-day simple moving average of $1.35. Callan JMB has a twelve month low of $0.65 and a twelve month high of $5.88.

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

Hedge Funds Weigh In On Callan JMB

A hedge fund recently raised its position in Callan JMB stock. Creative Planning boosted its position in shares of Callan JMB Inc. (NASDAQ:CJMB) by 41.7% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 170,008 shares of the company’s stock after acquiring an additional 50,000 shares during the quarter. Creative Planning owned about 3.79% of Callan JMB worth $830,000 at the end of the most recent reporting period.

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.