Short Interest in Critical Metals Corp. (NASDAQ:CRML) Rises By 20.2%

Critical Metals Corp. (NASDAQ:CRML) was the recipient of a significant growth in short interest in February. As of February 28th, there was short interest totalling 873,300 shares, a growth of 20.2% from the February 13th total of 726,600 shares. Currently, 5.2% of the shares of the stock are short sold. Based on an average trading volume of 362,600 shares, the days-to-cover ratio is presently 2.4 days.

Critical Metals Stock Up 3.3 %

Shares of NASDAQ CRML traded up $0.06 during mid-day trading on Tuesday, hitting $1.90. The stock had a trading volume of 345,435 shares, compared to its average volume of 128,738. Critical Metals has a 1 year low of $1.50 and a 1 year high of $14.00. The business has a 50 day moving average price of $5.04 and a two-hundred day moving average price of $6.20.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Geode Capital Management LLC increased its stake in shares of Critical Metals by 2.6% in the fourth quarter. Geode Capital Management LLC now owns 107,034 shares of the company’s stock worth $727,000 after buying an additional 2,696 shares during the period. Northern Trust Corp increased its stake in shares of Critical Metals by 13.2% in the fourth quarter. Northern Trust Corp now owns 48,641 shares of the company’s stock worth $330,000 after buying an additional 5,670 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Critical Metals by 147.4% in the fourth quarter. JPMorgan Chase & Co. now owns 29,797 shares of the company’s stock worth $202,000 after buying an additional 17,753 shares during the period. Finally, Barclays PLC increased its stake in shares of Critical Metals by 22.9% in the fourth quarter. Barclays PLC now owns 12,876 shares of the company’s stock worth $88,000 after buying an additional 2,403 shares during the period. 86.44% of the stock is owned by hedge funds and other institutional investors.

About Critical Metals

Critical Metals Corp. engages in the mining, exploration, and development of lithium metals. It owns Wolfsberg Project and Tanbreez Project. The company was founded on October 24, 2022 and is headquartered in British Virgin Islands.