ClimateRock (NASDAQ:CLRC - Get Free Report) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 2,500 shares, a growth of 2,400.0% from the December 15th total of 100 shares. Based on an average daily volume of 4,000 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.1% of the shares of the company are sold short.
ClimateRock Price Performance
NASDAQ CLRC remained flat at $11.84 during midday trading on Monday. The company's stock had a trading volume of 43 shares, compared to its average volume of 25,788. The business has a fifty day moving average of $11.72 and a 200-day moving average of $11.62. ClimateRock has a 52-week low of $11.10 and a 52-week high of $12.35.
Institutional Investors Weigh In On ClimateRock
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Berkley W R Corp increased its stake in shares of ClimateRock by 13.3% in the second quarter. Berkley W R Corp now owns 310,754 shares of the company's stock valued at $3,580,000 after buying an additional 36,444 shares during the period. Glazer Capital LLC acquired a new position in shares of ClimateRock during the second quarter valued at about $150,000. K2 Principal Fund L.P. bought a new stake in ClimateRock during the 2nd quarter worth approximately $699,000. Logan Stone Capital LLC purchased a new stake in ClimateRock in the 2nd quarter valued at $1,138,000. Finally, Mizuho Securities USA LLC bought a new stake in shares of ClimateRock in the 3rd quarter worth $3,353,000. 55.48% of the stock is owned by institutional investors.
ClimateRock Company Profile
(
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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.
Further Reading
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