Short Interest in Critical Metals Corp. (NASDAQ:CRML) Rises By 96.2%

Critical Metals Corp. (NASDAQ:CRML) was the target of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 726,600 shares, an increase of 96.2% from the January 31st total of 370,400 shares. Based on an average trading volume of 216,900 shares, the short-interest ratio is currently 3.3 days. Currently, 4.3% of the shares of the stock are sold short.

Critical Metals Stock Down 9.5 %

CRML traded down $0.20 during mid-day trading on Friday, reaching $1.91. The stock had a trading volume of 2,017,560 shares, compared to its average volume of 88,819. The firm’s fifty day simple moving average is $6.18 and its two-hundred day simple moving average is $6.84. Critical Metals has a 52 week low of $1.51 and a 52 week high of $14.00.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in CRML. Barclays PLC lifted its stake 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 period. Geode Capital Management LLC lifted its stake 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 period. JPMorgan Chase & Co. lifted its stake 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 period. Finally, Northern Trust Corp lifted its stake 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 period. Institutional investors and hedge funds own 86.44% of the company’s stock.

Critical Metals Company Profile

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.