Critical Metals (NASDAQ:CRML) Trading Up 6.3% – Here’s Why

Critical Metals Corp. (NASDAQ:CRML) was up 6.3% during trading on Monday . The stock traded as high as $6.59 and last traded at $6.59. Approximately 1,711 shares were traded during mid-day trading, a decline of 94% from the average daily volume of 28,426 shares. The stock had previously closed at $6.20.

Critical Metals Price Performance

The company’s 50-day moving average price is $6.64 and its 200 day moving average price is $8.68.

Institutional Trading of Critical Metals

Several large investors have recently bought and sold shares of the company. Geode Capital Management LLC lifted its stake in shares of Critical Metals by 4.6% in the 3rd quarter. Geode Capital Management LLC now owns 104,338 shares of the company’s stock valued at $776,000 after purchasing an additional 4,583 shares during the period. Rhumbline Advisers purchased a new position in Critical Metals during the second quarter valued at $69,000. Barclays PLC boosted its holdings in shares of 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 buying an additional 7,996 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Critical Metals in the 2nd quarter worth about $101,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Critical Metals in the 2nd quarter worth about $185,000. 86.44% of the stock is owned by 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.