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

Shares of Critical Metals Corp. (NASDAQ:CRML) gapped up prior to trading on Tuesday . The stock had previously closed at $6.46, but opened at $6.86. Critical Metals shares last traded at $6.86, with a volume of 382 shares trading hands.

Critical Metals Trading Down 3.4 %

The company has a fifty day moving average price of $6.67 and a 200 day moving average price of $8.36.

Hedge Funds Weigh In On Critical Metals

Several hedge funds and other institutional investors have recently modified their holdings of CRML. Barclays PLC increased its holdings in shares of 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 acquiring an additional 7,996 shares during the period. Geode Capital Management LLC increased its stake in shares of Critical Metals by 4.6% in the third quarter. Geode Capital Management LLC now owns 104,338 shares of the company’s stock valued at $776,000 after purchasing an additional 4,583 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new position in Critical Metals in the 2nd quarter worth approximately $101,000. Rhumbline Advisers bought a new position in Critical Metals in the 2nd quarter worth approximately $69,000. Finally, Bank of New York Mellon Corp acquired a new stake in Critical Metals in the 2nd quarter valued at approximately $185,000. Institutional investors and hedge funds 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.