Critical Metals (NASDAQ:CRML) Sees Strong Trading Volume – Here’s Why

Critical Metals Corp. (NASDAQ:CRML) shares saw unusually-strong trading volume on Tuesday . Approximately 66,142 shares traded hands during trading, a decline of 34% from the previous session’s volume of 100,229 shares.The stock last traded at $7.83 and had previously closed at $8.50.

Critical Metals Stock Performance

The business’s 50 day moving average is $6.95 and its 200 day moving average is $7.72.

Hedge Funds Weigh In On Critical Metals

A number of institutional investors and hedge funds have recently modified their holdings of the company. Geode Capital Management LLC grew its stake 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 in the last quarter. Rhumbline Advisers purchased a new stake in Critical Metals in the second quarter valued at $69,000. JPMorgan Chase & Co. lifted its position in Critical Metals by 111.2% in the third quarter. JPMorgan Chase & Co. now owns 12,044 shares of the company’s stock valued at $90,000 after acquiring an additional 6,341 shares during the last quarter. Barclays PLC lifted its position in 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 acquiring an additional 7,996 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in Critical Metals in the second quarter valued at $101,000. Institutional investors and hedge funds own 86.44% of the company’s stock.

Critical Metals Company Profile

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.