Critical Metals Corp. (NASDAQ:CRML) Short Interest Up 20.2% in February

Critical Metals Corp. (NASDAQ:CRML) was the recipient of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 873,300 shares, an increase of 20.2% from the February 13th total of 726,600 shares. Based on an average daily volume of 362,600 shares, the short-interest ratio is presently 2.4 days. Approximately 5.2% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in CRML. JPMorgan Chase & Co. boosted its stake in shares of 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 purchasing an additional 6,341 shares in the last quarter. Barclays PLC boosted its holdings in 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 acquiring an additional 7,996 shares during the period. Geode Capital Management LLC increased its stake in Critical Metals by 4.6% in the 3rd quarter. Geode Capital Management LLC now owns 104,338 shares of the company’s stock worth $776,000 after purchasing an additional 4,583 shares during the period. Finally, Northern Trust Corp lifted its position in Critical Metals by 13.2% in the fourth quarter. Northern Trust Corp now owns 48,641 shares of the company’s stock valued at $330,000 after purchasing an additional 5,670 shares during the last quarter. 86.44% of the stock is owned by hedge funds and other institutional investors.

Critical Metals Trading Down 2.1 %

CRML opened at $1.86 on Thursday. Critical Metals has a 12-month low of $1.50 and a 12-month high of $14.00. The stock has a 50-day moving average price of $4.94 and a 200-day moving average price of $6.17.

About Critical Metals

Critical Metals Corp. engages in the mining, exploration, and development of lithium metals. It owns Wolfsberg Project and Tanbreez Project. The company was founded on October 24, 2022 and is headquartered in British Virgin Islands.