Critical Metals (NASDAQ:CRML) Shares Up 2.9% – Here’s Why

Critical Metals Corp. (NASDAQ:CRML)’s stock price traded up 2.9% on Monday . The company traded as high as $6.99 and last traded at $6.76. 4,654 shares changed hands during mid-day trading, a decline of 84% from the average session volume of 28,405 shares. The stock had previously closed at $6.57.

Critical Metals Trading Down 0.4 %

The company’s fifty day simple moving average is $6.65 and its 200-day simple moving average is $8.09.

Institutional Investors Weigh In On Critical Metals

Several hedge funds have recently modified their holdings of CRML. Bank of New York Mellon Corp bought a new position in Critical Metals in the second quarter worth approximately $185,000. Rhumbline Advisers purchased a new position in shares of Critical Metals in the 2nd quarter valued at $69,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Critical Metals in the 2nd quarter worth $101,000. JPMorgan Chase & Co. lifted its stake in shares of Critical Metals by 111.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 12,044 shares of the company’s stock worth $90,000 after purchasing an additional 6,341 shares during the last quarter. Finally, Barclays PLC boosted its position in Critical Metals by 322.8% during the third quarter. Barclays PLC now owns 10,473 shares of the company’s stock valued at $77,000 after purchasing an additional 7,996 shares in the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

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.