Castor Maritime Inc. (NASDAQ:CTRM) Shares Shorted: Short Interest Up 80.5% in October

Posted by Francis Steltz on Nov 2nd, 2026

Castor Maritime Inc. (NASDAQ:CTRM – Get Free Report) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 6,556 shares, an increase of 80.5% from the September 30th total of 3,632 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 48,228 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of Castor Maritime from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday. One equities research analyst has rated the stock with a Hold rating. According to data from MarketBeat, the company presently has an average rating of “Hold”.

Get Our Latest Analysis on Castor Maritime

Castor Maritime Trading Down 0.7%

NASDAQ CTRM traded down $0.01 during trading hours on Monday, reaching $1.44. The company had a trading volume of 90,830 shares, compared to its average volume of 54,952. The company has a current ratio of 4.68, a quick ratio of 4.68 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $13.91 million, a P/E ratio of 0.89 and a beta of 1.38. The stock has a 50-day moving average of $2.04 and a 200 day moving average of $2.06. Castor Maritime has a 1-year low of $1.36 and a 1-year high of $2.66.

Castor Maritime (NASDAQ:CTRM – Get Free Report) last announced its quarterly earnings results on Monday, September 14th. The company reported $0.31 earnings per share for the quarter. Castor Maritime had a net margin of 109.09% and a return on equity of 4.69%. The business had revenue of $25.57 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Castor Maritime stock. NewEdge Advisors LLC acquired a new stake in Castor Maritime Inc. (NASDAQ:CTRM – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 21,912 shares of the company’s stock, valued at approximately $46,000. NewEdge Advisors LLC owned approximately 0.23% of Castor Maritime at the end of the most recent quarter. 1.08% of the stock is owned by institutional investors.

Castor Maritime Company Profile

(Get Free Report)

Castor Maritime Inc is a shipping company that owns and operates vessels used to transport commodities and other cargo by sea. Its activities have primarily focused on the dry bulk sector, serving international trade in goods such as iron ore, coal, grain and other bulk materials.

The company has historically expanded and adjusted its fleet through vessel acquisitions, sales and chartering arrangements. Castor has also participated in the transportation of crude oil, refined petroleum products and containerized cargo through tanker and containership assets.