ClimateRock (NASDAQ:CLRC) Shares Up 0.9% – What’s Next?

Shares of ClimateRock (NASDAQ:CLRC) traded up 0.9% during trading on Friday . The company traded as high as $11.75 and last traded at $11.75. 5,200 shares traded hands during mid-day trading, a decline of 80% from the average session volume of 26,000 shares. The stock had previously closed at $11.65.

ClimateRock Stock Up 0.9 %

The business has a 50 day moving average of $11.67 and a 200 day moving average of $11.59.

Institutional Investors Weigh In On ClimateRock

Several institutional investors and hedge funds have recently modified their holdings of the stock. Cowen AND Company LLC raised its stake in ClimateRock by 504.8% in the second quarter. Cowen AND Company LLC now owns 147,561 shares of the company’s stock worth $1,695,000 after buying an additional 123,161 shares in the last quarter. Berkley W R Corp raised its position in shares of ClimateRock by 13.3% in the 2nd quarter. Berkley W R Corp now owns 310,754 shares of the company’s stock worth $3,580,000 after acquiring an additional 36,444 shares in the last quarter. Glazer Capital LLC purchased a new position in shares of ClimateRock in the 2nd quarter valued at approximately $150,000. K2 Principal Fund L.P. purchased a new position in shares of ClimateRock in the 2nd quarter valued at approximately $699,000. Finally, Logan Stone Capital LLC bought a new stake in shares of ClimateRock during the second quarter valued at approximately $1,138,000. 55.48% of the stock is owned by hedge funds and other institutional investors.

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.