Critical Metals (NASDAQ:CRML) Trading Down 5.5% – Should You Sell?

Shares of Critical Metals Corp. (NASDAQ:CRML) dropped 5.5% on Friday . The stock traded as low as $6.34 and last traded at $6.34. Approximately 8,498 shares traded hands during trading, a decline of 70% from the average daily volume of 28,203 shares. The stock had previously closed at $6.71.

Critical Metals Trading Up 1.5 %

The business has a fifty day moving average of $6.61 and a 200-day moving average of $8.64.

Hedge Funds Weigh In On Critical Metals

Several large investors have recently made changes to their positions in the business. Bank of New York Mellon Corp acquired a new stake in Critical Metals during the second quarter valued at approximately $185,000. Rhumbline Advisers acquired a new stake in shares of Critical Metals during the 2nd quarter valued at $69,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Critical Metals during the 2nd quarter worth $101,000. Barclays PLC grew 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 last quarter. Finally, Geode Capital Management LLC raised its position in shares of Critical Metals by 4.6% during the third quarter. Geode Capital Management LLC now owns 104,338 shares of the company’s stock worth $776,000 after purchasing an additional 4,583 shares during the period. 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.