Shares of Critical Metals Corp. (NASDAQ:CRML – Get Free Report) were down 7.4% during trading on Friday . The company traded as low as $7.14 and last traded at $7.14. Approximately 12,075 shares changed hands during mid-day trading, a decline of 64% from the average daily volume of 33,739 shares. The stock had previously closed at $7.71.
Critical Metals Trading Down 4.2 %
The stock’s 50-day moving average is $9.03 and its two-hundred day moving average is $9.98.
Hedge Funds Weigh In On Critical Metals
A number of institutional investors and hedge funds have recently modified their holdings of CRML. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Critical Metals during the 2nd quarter valued at about $101,000. Rhumbline Advisers bought a new stake in Critical Metals during the second quarter valued at approximately $69,000. Finally, Bank of New York Mellon Corp purchased a new stake in Critical Metals during the second quarter valued at approximately $185,000. 86.44% of the stock is currently owned by hedge funds and other 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.
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