Critical Metals (NASDAQ:CRML) Trading Up 5.9% – Here’s What Happened

Critical Metals Corp. (NASDAQ:CRML) shares shot up 5.9% during mid-day trading on Monday . The stock traded as high as $7.01 and last traded at $7.01. 19,372 shares changed hands during mid-day trading, a decline of 32% from the average session volume of 28,572 shares. The stock had previously closed at $6.62.

Critical Metals Price Performance

The stock’s 50-day simple moving average is $6.65 and its 200 day simple moving average is $8.28.

Hedge Funds Weigh In On Critical Metals

A number of hedge funds have recently made changes to their positions in CRML. 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 acquiring an additional 4,583 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in shares of Critical Metals in the second quarter valued at approximately $185,000. Barclays PLC grew its holdings in shares of Critical Metals by 322.8% in 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. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Critical Metals during the 2nd quarter worth approximately $101,000. Finally, Rhumbline Advisers acquired a new stake in Critical Metals during the 2nd quarter worth approximately $69,000. 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.