Critical Metals (NASDAQ:CRML) Trading 18.4% Higher – Here’s What Happened

by · The Markets Daily

Critical Metals Corp. (NASDAQ:CRML – Get Free Report) traded up 18.4% during mid-day trading on Monday . The stock traded as high as $9.89 and last traded at $9.20. 66,380 shares traded hands during mid-day trading, an increase of 11% from the average session volume of 59,716 shares. The stock had previously closed at $7.77.

Critical Metals Price Performance

The company’s 50-day simple moving average is $6.73 and its 200-day simple moving average is $7.83.

Hedge Funds Weigh In On Critical Metals

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Geode Capital Management LLC increased its position in Critical Metals by 4.6% in the 3rd quarter. Geode Capital Management LLC now owns 104,338 shares of the company’s stock valued at $776,000 after acquiring an additional 4,583 shares during the period. Rhumbline Advisers acquired a new position in Critical Metals in the 2nd quarter valued at approximately $69,000. JPMorgan Chase & Co. boosted its stake in shares of Critical Metals by 111.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 12,044 shares of the company’s stock valued at $90,000 after purchasing an additional 6,341 shares during the last quarter. Barclays PLC boosted its stake in shares of Critical Metals by 322.8% in the 3rd quarter. Barclays PLC now owns 10,473 shares of the company’s stock valued at $77,000 after purchasing an additional 7,996 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Critical Metals in the 2nd quarter valued at $101,000. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Critical Metals Company Profile

(Get Free Report)

Sizzle Acquisition Corp. is a blank check company. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or related business combination with one or more businesses. Sizzle Acquisition Corp. is based in Washington, the District of Columbia.

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