Critical Metals (NASDAQ:CRML) Shares Gap Up – Here’s What Happened

Critical Metals Corp. (NASDAQ:CRML) shares gapped up prior to trading on Thursday . The stock had previously closed at $7.85, but opened at $8.41. Critical Metals shares last traded at $8.04, with a volume of 18,660 shares trading hands.

Critical Metals Price Performance

The business’s 50 day moving average price is $6.87 and its 200-day moving average price is $7.77.

Institutional Trading of Critical Metals

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Barclays PLC grew its stake in shares of Critical Metals by 322.8% in the third quarter. Barclays PLC now owns 10,473 shares of the company’s stock worth $77,000 after purchasing an additional 7,996 shares in the last quarter. Geode Capital Management LLC grew 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 buying an additional 4,583 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in Critical Metals during the 2nd quarter valued at about $185,000. Rhumbline Advisers bought a new stake in shares of Critical Metals during the 2nd quarter worth about $69,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Critical Metals in the 2nd quarter worth approximately $101,000. 86.44% of the stock is currently owned by institutional investors and hedge funds.

About Critical Metals

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.