Critical Metals Corp. (NASDAQ:CRML - Get Free Report) was the recipient of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 873,300 shares, a growth of 20.2% from the February 13th total of 726,600 shares. Approximately 5.2% of the company's shares are short sold. Based on an average trading volume of 362,600 shares, the short-interest ratio is currently 2.4 days.
Critical Metals Stock Down 9.0 %
Shares of CRML traded down $0.17 during mid-day trading on Friday, reaching $1.67. The company had a trading volume of 542,539 shares, compared to its average volume of 133,552. The firm has a fifty day simple moving average of $4.84 and a 200-day simple moving average of $6.14. Critical Metals has a fifty-two week low of $1.50 and a fifty-two week high of $14.00.
Hedge Funds Weigh In On Critical Metals
Hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. boosted its holdings in shares of Critical Metals by 111.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 12,044 shares of the company's stock valued at $90,000 after purchasing an additional 6,341 shares during the last quarter. Barclays PLC boosted its holdings in shares of Critical Metals by 322.8% in the 3rd quarter. Barclays PLC now owns 10,473 shares of the company's stock valued at $77,000 after purchasing an additional 7,996 shares during the last quarter. Geode Capital Management LLC boosted its holdings 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 during the last quarter. Finally, Northern Trust Corp boosted its holdings in shares of Critical Metals by 13.2% in the 4th quarter. Northern Trust Corp now owns 48,641 shares of the company's stock valued at $330,000 after purchasing an additional 5,670 shares during the last quarter. Institutional investors and hedge funds own 86.44% of the company's stock.
About Critical Metals
(
Get Free Report)
Critical Metals Corp. engages in the mining, exploration, and development of lithium metals. It owns Wolfsberg Project and Tanbreez Project. The company was founded on October 24, 2022 and is headquartered in British Virgin Islands.
Featured Stories
Before you consider Critical Metals, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Critical Metals wasn't on the list.
While Critical Metals currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
