Critical Metals (NASDAQ:CRML) Shares Down 3.7% – Here’s What Happened

Critical Metals Corp. (NASDAQ:CRML)’s share price fell 3.7% during mid-day trading on Thursday . The stock traded as low as $6.22 and last traded at $6.22. 2,313 shares were traded during trading, a decline of 92% from the average session volume of 28,150 shares. The stock had previously closed at $6.46.

Critical Metals Trading Up 7.5 %

The stock’s 50-day simple moving average is $6.65 and its 200 day simple moving average is $8.31.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp acquired a new position in shares of Critical Metals during the 2nd quarter worth approximately $185,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in Critical Metals during the second quarter valued at approximately $101,000. Barclays PLC lifted its stake in Critical Metals by 322.8% during 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 during the last quarter. Rhumbline Advisers bought a new position in shares of Critical Metals in the 2nd quarter valued at $69,000. Finally, Geode Capital Management LLC raised its holdings in shares of Critical Metals by 4.6% during the 3rd quarter. Geode Capital Management LLC now owns 104,338 shares of the company’s stock worth $776,000 after buying an additional 4,583 shares in the last quarter. 86.44% of the stock is 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.