Critical Metals Corp. (NASDAQ:CRML – Get Free Report) saw a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 726,600 shares, an increase of 96.2% from the January 31st total of 370,400 shares. Based on an average daily trading volume, of 216,900 shares, the short-interest ratio is currently 3.3 days. Approximately 4.3% of the shares of the company are short sold.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the business. Barclays PLC boosted its holdings in Critical Metals by 322.8% in the 3rd quarter. Barclays PLC now owns 10,473 shares of the company’s stock worth $77,000 after buying an additional 7,996 shares during the period. JPMorgan Chase & Co. boosted its holdings in Critical Metals by 111.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 12,044 shares of the company’s stock worth $90,000 after buying an additional 6,341 shares during the period. Northern Trust Corp boosted its holdings in Critical Metals by 13.2% in the 4th quarter. Northern Trust Corp now owns 48,641 shares of the company’s stock worth $330,000 after buying an additional 5,670 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in Critical Metals by 2.6% in the 4th quarter. Geode Capital Management LLC now owns 107,034 shares of the company’s stock worth $727,000 after buying an additional 2,696 shares during the period. 86.44% of the stock is owned by institutional investors.
Critical Metals Stock Down 9.5 %
CRML opened at $1.91 on Friday. The company has a 50 day moving average of $6.18 and a 200 day moving average of $6.84. Critical Metals has a 12 month low of $1.51 and a 12 month high of $14.00.
Critical Metals Company Profile
Critical Metals Corp. engages in the mining, exploration, and development of lithium metals. It owns Wolfsberg Project and Tanbreez Project. The company was founded on October 24, 2022 and is headquartered in British Virgin Islands.
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