Critical Metals (NASDAQ:CRML) Sees Large Volume Increase – Time to Buy?

Critical Metals Corp. (NASDAQ:CRML) shares saw an uptick in trading volume on Tuesday . 38,924 shares traded hands during mid-day trading, a decline of 56% from the previous session’s volume of 89,045 shares.The stock last traded at $8.90 and had previously closed at $8.25.

Critical Metals Stock Performance

The business has a 50 day moving average of $6.82 and a 200 day moving average of $7.78.

Institutional Investors Weigh In On Critical Metals

Hedge funds and other institutional investors have recently modified their holdings of the company. Rhumbline Advisers acquired a new stake in shares of Critical Metals during the second quarter worth $69,000. Barclays PLC boosted its stake in Critical Metals by 322.8% in the 3rd quarter. Barclays PLC now owns 10,473 shares of the company’s stock worth $77,000 after buying an additional 7,996 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Critical Metals by 111.2% in 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 during the period. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Critical Metals during the 2nd quarter worth about $101,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Critical Metals in the second quarter worth approximately $185,000. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

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.