Short Interest in ClimateRock (NASDAQ:CLRC) Increases By 2,400.0%

ClimateRock (NASDAQ:CLRC) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 2,500 shares, an increase of 2,400.0% from the December 15th total of 100 shares. Based on an average daily volume of 4,000 shares, the short-interest ratio is currently 0.6 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Trading of ClimateRock

A number of hedge funds have recently added to or reduced their stakes in the business. Mizuho Securities USA LLC bought a new stake in ClimateRock during the 3rd quarter valued at $3,353,000. Logan Stone Capital LLC purchased a new position in ClimateRock in the second quarter valued at about $1,138,000. K2 Principal Fund L.P. purchased a new position in ClimateRock in the second quarter valued at about $699,000. Berkley W R Corp raised its holdings in ClimateRock by 13.3% in the second quarter. Berkley W R Corp now owns 310,754 shares of the company’s stock worth $3,580,000 after purchasing an additional 36,444 shares in the last quarter. Finally, Glazer Capital LLC purchased a new stake in shares of ClimateRock during the second quarter valued at about $150,000. 55.48% of the stock is owned by hedge funds and other institutional investors.

ClimateRock Stock Performance

Shares of CLRC stock opened at $11.84 on Wednesday. ClimateRock has a twelve month low of $11.10 and a twelve month high of $12.35. The stock has a fifty day simple moving average of $11.72 and a two-hundred day simple moving average of $11.62.

About ClimateRock

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.