Critical Metals (NASDAQ:CRML) Stock Price Down 6.2% – Here’s What Happened

Shares of Critical Metals Corp. (NASDAQ:CRML) fell 6.2% on Wednesday . The stock traded as low as $7.02 and last traded at $7.20. 8,304 shares were traded during trading, a decline of 71% from the average session volume of 28,339 shares. The stock had previously closed at $7.68.

Critical Metals Trading Down 8.1 %

The business has a fifty day moving average of $6.70 and a 200-day moving average of $8.48.

Hedge Funds Weigh In On Critical Metals

Hedge funds have recently made changes to their positions in the business. Rhumbline Advisers acquired a new position in Critical Metals in the second quarter worth approximately $69,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Critical Metals in the 2nd quarter worth $101,000. Barclays PLC raised its position in shares of Critical Metals by 322.8% during the third quarter. Barclays PLC now owns 10,473 shares of the company’s stock worth $77,000 after purchasing an additional 7,996 shares during the period. Bank of New York Mellon Corp acquired a new stake in shares of Critical Metals during the second quarter worth $185,000. Finally, Geode Capital Management LLC lifted its holdings in shares of Critical Metals by 4.6% during the third 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 during the last quarter. Institutional investors and hedge funds own 86.44% of the company’s stock.

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.