ClimateRock (NASDAQ:CLRC) Stock Price Up 0.9% – Here’s What Happened

ClimateRock (NASDAQ:CLRC) rose 0.9% on Friday . The company traded as high as $11.75 and last traded at $11.75. Approximately 5,200 shares changed hands during trading, a decline of 80% from the average daily volume of 26,000 shares. The stock had previously closed at $11.65.

ClimateRock Stock Performance

The business has a 50-day moving average of $11.67 and a two-hundred day moving average of $11.59.

Institutional Trading of ClimateRock

A number of institutional investors have recently modified their holdings of the company. Logan Stone Capital LLC purchased a new stake in ClimateRock during the second quarter valued at approximately $1,138,000. K2 Principal Fund L.P. acquired a new position in shares of ClimateRock during the second quarter worth $699,000. Glazer Capital LLC purchased a new stake in shares of ClimateRock during the 2nd quarter valued at $150,000. Mizuho Securities USA LLC purchased a new stake in shares of ClimateRock during the 3rd quarter valued at $3,353,000. Finally, Berkley W R Corp grew its stake in ClimateRock by 13.3% during the 2nd quarter. Berkley W R Corp now owns 310,754 shares of the company’s stock worth $3,580,000 after buying an additional 36,444 shares during the last quarter. 55.48% of the stock is currently owned by institutional investors.

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.