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

Critical Metals Corp. (NASDAQ:CRML) shares saw strong trading volume on Wednesday . 17,409 shares were traded during mid-day trading, a decline of 43% from the previous session’s volume of 30,304 shares.The stock last traded at $7.05 and had previously closed at $6.70.

Critical Metals Price Performance

The business has a 50 day moving average price of $6.70 and a 200-day moving average price of $7.90.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Rhumbline Advisers acquired a new position in Critical Metals during the 2nd quarter worth approximately $69,000. Barclays PLC raised its stake in shares of Critical Metals by 322.8% in the third quarter. Barclays PLC now owns 10,473 shares of the company’s stock worth $77,000 after purchasing an additional 7,996 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Critical Metals by 111.2% in the third quarter. JPMorgan Chase & Co. now owns 12,044 shares of the company’s stock worth $90,000 after purchasing an additional 6,341 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Critical Metals in the second quarter valued at approximately $101,000. Finally, Bank of New York Mellon Corp bought a new position in shares of Critical Metals in the second quarter valued at approximately $185,000. 86.44% of the stock is owned by institutional investors and hedge funds.

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.