ClimateRock (NASDAQ:CLRC) Sees Large Increase in Short Interest

ClimateRock (NASDAQ:CLRC) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 1,000 shares, a growth of 400.0% from the February 28th total of 200 shares. Based on an average daily volume of 600 shares, the short-interest ratio is presently 1.7 days. Approximately 0.0% of the company’s stock are short sold.

ClimateRock Trading Up 0.9 %

NASDAQ CLRC traded up $0.11 on Wednesday, hitting $12.03. 222 shares of the stock traded hands, compared to its average volume of 18,334. The stock has a 50-day moving average of $11.96 and a 200 day moving average of $11.77. ClimateRock has a twelve month low of $11.23 and a twelve month high of $12.35.

Institutional Trading of ClimateRock

Institutional investors have recently added to or reduced their stakes in the business. Toronto Dominion Bank acquired a new position in shares of ClimateRock in the 4th quarter valued at about $2,482,000. Harraden Circle Investments LLC bought a new position in shares of ClimateRock during the fourth quarter valued at approximately $1,391,000. Finally, Mizuho Securities USA LLC grew its holdings in shares of ClimateRock by 40.3% during the fourth quarter. Mizuho Securities USA LLC now owns 408,381 shares of the company’s stock valued at $4,778,000 after purchasing an additional 117,351 shares during the last quarter. Institutional investors own 55.48% of the company’s stock.

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.