ClimateRock (NASDAQ:CLRC – Get Free Report) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 1,000 shares, an increase of 400.0% from the February 28th total of 200 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 600 shares, the days-to-cover ratio is presently 1.7 days.
ClimateRock Trading Up 1.7 %
Shares of ClimateRock stock traded up $0.20 during mid-day trading on Friday, reaching $12.12. 222 shares of the stock were exchanged, compared to its average volume of 18,236. ClimateRock has a fifty-two week low of $11.24 and a fifty-two week high of $12.35. The firm has a 50-day simple moving average of $11.97 and a 200 day simple moving average of $11.77.
Institutional Trading of ClimateRock
Several hedge funds have recently modified their holdings of CLRC. Mizuho Securities USA LLC raised its stake in shares of ClimateRock by 40.3% in the fourth quarter. Mizuho Securities USA LLC now owns 408,381 shares of the company’s stock valued at $4,778,000 after acquiring an additional 117,351 shares during the last quarter. Harraden Circle Investments LLC acquired a new stake in ClimateRock during the 4th quarter valued at $1,391,000. Finally, Toronto Dominion Bank bought a new position in ClimateRock in the 4th quarter valued at $2,482,000. Institutional investors and hedge funds own 55.48% of the company’s stock.
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.
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