Critical Metals (NASDAQ:CRML) Shares Down 6.9%

Shares of Critical Metals Corp. (NASDAQ:CRML) fell 6.9% during trading on Tuesday . The company traded as low as $6.93 and last traded at $6.93. 306 shares were traded during mid-day trading, a decline of 99% from the average session volume of 32,899 shares. The stock had previously closed at $7.44.

Critical Metals Stock Performance

The firm’s 50-day simple moving average is $8.56 and its two-hundred day simple moving average is $9.86.

Hedge Funds Weigh In On Critical Metals

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Rhumbline Advisers acquired a new stake in shares of Critical Metals during the second quarter worth about $69,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Critical Metals in the second quarter valued at $101,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of Critical Metals during the 2nd quarter valued at about $185,000. Hedge funds and other 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.