ClimateRock (NASDAQ:CLRC) Short Interest Update

ClimateRock (NASDAQ:CLRC) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totalling 100 shares, a decrease of 50.0% from the September 30th total of 200 shares. Based on an average trading volume of 3,900 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On ClimateRock

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Glazer Capital LLC acquired a new stake in ClimateRock in the second quarter valued at $150,000. Virtu Financial LLC purchased a new stake in shares of ClimateRock in the 1st quarter worth about $287,000. K2 Principal Fund L.P. acquired a new stake in ClimateRock in the 2nd quarter valued at about $699,000. Logan Stone Capital LLC acquired a new position in ClimateRock during the second quarter worth about $1,138,000. Finally, Cowen AND Company LLC raised its position in ClimateRock by 504.8% during the second quarter. Cowen AND Company LLC now owns 147,561 shares of the company’s stock worth $1,695,000 after acquiring an additional 123,161 shares during the last quarter. 55.48% of the stock is owned by institutional investors and hedge funds.

ClimateRock Price Performance

Shares of NASDAQ:CLRC remained flat at $11.60 on Friday. 10 shares of the stock were exchanged, compared to its average volume of 23,912. The stock’s fifty day simple moving average is $11.58 and its 200-day simple moving average is $11.51. ClimateRock has a fifty-two week low of $10.90 and a fifty-two week high of $12.35.

ClimateRock Company Profile

ClimateRock focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to pursue an initial business combination within climate change, environment, renewable energy and emerging, and clean technologies.