Critical Metals (NASDAQ:CRML) Sees Large Volume Increase – What’s Next?

Critical Metals Corp. (NASDAQ:CRML) shares saw unusually-strong trading volume on Tuesday . Approximately 38,924 shares were traded during trading, a decline of 56% from the previous session’s volume of 89,045 shares.The stock last traded at $8.90 and had previously closed at $8.25.

Critical Metals Stock Performance

The firm’s 50 day simple moving average is $6.82 and its 200-day simple moving average is $7.78.

Institutional Investors Weigh In On Critical Metals

Large investors have recently added to or reduced their stakes in the company. Barclays PLC lifted its stake in shares of Critical Metals by 322.8% in the third quarter. Barclays PLC now owns 10,473 shares of the company’s stock worth $77,000 after acquiring an additional 7,996 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Critical Metals by 4.6% in the 3rd quarter. Geode Capital Management LLC now owns 104,338 shares of the company’s stock valued at $776,000 after purchasing an additional 4,583 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in shares of Critical Metals during the 2nd quarter valued at approximately $185,000. Rhumbline Advisers acquired a new stake in shares of Critical Metals during the second quarter worth approximately $69,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Critical Metals during the second quarter worth approximately $101,000. 86.44% of the stock is owned by institutional investors and hedge funds.

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.