ClimateRock (NASDAQ:CLRC) Sees Large Growth in Short Interest

ClimateRock (NASDAQ:CLRC - Get Free Report) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 1,000 shares, a growth of 400.0% from the February 28th total of 200 shares. Based on an average daily volume of 600 shares, the short-interest ratio is presently 1.7 days. Currently, 0.0% of the company's stock are sold short.

Hedge Funds Weigh In On ClimateRock

A number of large investors have recently bought and sold shares of the business. Toronto Dominion Bank acquired a new stake in shares of ClimateRock during the 4th quarter worth approximately $2,482,000. Harraden Circle Investments LLC bought a new stake in ClimateRock in the fourth quarter valued at $1,391,000. Finally, Mizuho Securities USA LLC boosted its holdings in shares of ClimateRock by 40.3% during the fourth quarter. Mizuho Securities USA LLC now owns 408,381 shares of the company's stock valued at $4,778,000 after acquiring an additional 117,351 shares during the period. Institutional investors own 55.48% of the company's stock.

ClimateRock Trading Up 2.6 %

NASDAQ:CLRC traded up $0.30 during trading hours on Friday, reaching $12.22. 222 shares of the stock were exchanged, compared to its average volume of 18,508. ClimateRock has a 52 week low of $11.24 and a 52 week high of $12.35. The firm has a 50 day simple moving average of $11.98 and a 200-day simple moving average of $11.78.

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.