Critical Metals (NASDAQ:CRML) Sees Strong Trading Volume – Here’s Why

Critical Metals Corp. (NASDAQ:CRML) shares saw unusually-high trading volume on Tuesday . Approximately 66,142 shares were traded during mid-day trading, a decline of 34% from the previous session’s volume of 100,229 shares.The stock last traded at $7.83 and had previously closed at $8.50.

Critical Metals Stock Down 2.8 %

The stock’s 50 day simple moving average is $6.95 and its two-hundred day simple moving average is $7.72.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of CRML. Bank of New York Mellon Corp purchased a new stake in shares of Critical Metals during the 2nd quarter valued at approximately $185,000. Rhumbline Advisers purchased a new stake in shares of Critical Metals during the 2nd quarter valued at approximately $69,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Critical Metals during the 2nd quarter valued at approximately $101,000. Barclays PLC raised its position 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 during the period. Finally, Geode Capital Management LLC raised its position 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 valued at $776,000 after buying an additional 4,583 shares during the period. 86.44% of the stock is owned by hedge funds and other institutional investors.

Critical Metals Company Profile

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.