Critical Metals (NASDAQ:CRML) Stock Price Down 3.5% – Here’s Why

Critical Metals Corp. (NASDAQ:CRML)’s stock price was down 3.5% during mid-day trading on Wednesday . The stock traded as low as $7.81 and last traded at $7.79. Approximately 7,132 shares traded hands during mid-day trading, a decline of 94% from the average daily volume of 119,141 shares. The stock had previously closed at $8.07.

Critical Metals Trading Down 3.2 %

The company has a 50-day moving average price of $7.15 and a two-hundred day moving average price of $7.61.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of CRML. Geode Capital Management LLC boosted its stake in shares of Critical Metals by 4.6% during 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. JPMorgan Chase & Co. lifted its stake in Critical Metals by 111.2% in the third quarter. JPMorgan Chase & Co. now owns 12,044 shares of the company’s stock worth $90,000 after purchasing an additional 6,341 shares during the last quarter. Barclays PLC boosted its position in shares of Critical Metals by 322.8% during the third quarter. Barclays PLC now owns 10,473 shares of the company’s stock valued at $77,000 after buying an additional 7,996 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Critical Metals during the second quarter valued at approximately $101,000. Institutional investors own 86.44% of the company’s stock.

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.