Critical Metals Corp. (NASDAQ:CRML) Short Interest Update

Critical Metals Corp. (NASDAQ:CRML) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 280,100 shares, a growth of 8.3% from the September 15th total of 258,600 shares. Currently, 3.4% of the shares of the stock are sold short. Based on an average daily volume of 16,900 shares, the days-to-cover ratio is presently 16.6 days.

Critical Metals Stock Performance

Shares of Critical Metals stock traded down $0.01 during trading hours on Thursday, reaching $7.02. The company’s stock had a trading volume of 16,855 shares, compared to its average volume of 31,156. The firm has a 50 day moving average price of $7.87 and a 200-day moving average price of $9.50. Critical Metals has a one year low of $6.13 and a one year high of $18.56.

Institutional Investors Weigh In On Critical Metals

Several large investors have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp purchased a new position in shares of Critical Metals in the 2nd quarter worth approximately $185,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in Critical Metals in the second quarter worth $101,000. Finally, Rhumbline Advisers purchased a new position in Critical Metals during the second quarter worth $69,000. 86.44% of the stock is owned by institutional investors.

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.