Critical Metals (NASDAQ:CRML) Shares Down 3.5% – Time to Sell?

Critical Metals Corp. (NASDAQ:CRML)’s share price traded down 3.5% during trading on Wednesday . The company traded as low as $7.81 and last traded at $7.79. 7,132 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 119,141 shares. The stock had previously closed at $8.07.

Critical Metals Trading Down 3.6 %

The stock has a 50 day moving average price of $7.07 and a two-hundred day moving average price of $7.61.

Institutional Investors Weigh In On Critical Metals

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its position in shares of Critical Metals by 111.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 12,044 shares of the company’s stock valued at $90,000 after buying an additional 6,341 shares in the last quarter. Barclays PLC lifted its position in shares of Critical Metals by 322.8% during the 3rd quarter. Barclays PLC now owns 10,473 shares of the company’s stock valued at $77,000 after buying an additional 7,996 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Critical Metals by 4.6% during the 3rd quarter. Geode Capital Management LLC now owns 104,338 shares of the company’s stock valued at $776,000 after buying an additional 4,583 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Critical Metals during the 2nd quarter valued at approximately $101,000. Finally, Rhumbline Advisers purchased a new position in shares of Critical Metals during the 2nd quarter valued at approximately $69,000. Institutional investors and hedge funds own 86.44% of the company’s stock.

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.