ClimateRock (NASDAQ:CLRC) Short Interest Up 2,400.0% in January

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

ClimateRock Stock Up 0.3 %

CLRC traded up $0.04 during trading on Tuesday, hitting $11.88. The company’s stock had a trading volume of 2,814 shares, compared to its average volume of 1,167. ClimateRock has a one year low of $11.12 and a one year high of $12.35. The business’s 50 day simple moving average is $11.77 and its 200-day simple moving average is $11.64.

Hedge Funds Weigh In On ClimateRock

A hedge fund recently bought a new stake in ClimateRock stock. Mizuho Securities USA LLC bought a new position in ClimateRock (NASDAQ:CLRC) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 291,030 shares of the company’s stock, valued at approximately $3,353,000. Mizuho Securities USA LLC owned 6.40% of ClimateRock as of its most recent filing with the SEC. 55.48% of the stock is owned by institutional investors and hedge funds.

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.