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

ClimateRock (NASDAQ:CLRC - Get Free Report) saw a large decrease in short interest in the month of January. As of January 31st, there was short interest totalling 300 shares, a decrease of 88.5% from the January 15th total of 2,600 shares. Based on an average trading volume of 4,200 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company's shares are short sold.

Institutional Trading of ClimateRock

An institutional investor recently bought a new position in ClimateRock stock. Harraden Circle Investments LLC acquired a new position in ClimateRock (NASDAQ:CLRC - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 118,000 shares of the company's stock, valued at approximately $1,391,000. ClimateRock accounts for approximately 1.3% of Harraden Circle Investments LLC's investment portfolio, making the stock its 19th biggest holding. Harraden Circle Investments LLC owned about 2.59% of ClimateRock at the end of the most recent quarter. Hedge funds and other institutional investors own 55.48% of the company's stock.

ClimateRock Price Performance

CLRC remained flat at $11.96 during trading on Friday. 561 shares of the company's stock traded hands, compared to its average volume of 725. ClimateRock has a fifty-two week low of $11.20 and a fifty-two week high of $12.35. The company has a 50-day moving average price of $11.85 and a 200-day moving average price of $11.69.

ClimateRock Company Profile

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.