Critical Metals Corp. (NASDAQ:CRML) Short Interest Update

Critical Metals Corp. (NASDAQ:CRML) saw a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 1,130,000 shares, a growth of 57.6% from the March 15th total of 717,200 shares. Based on an average daily trading volume, of 582,600 shares, the days-to-cover ratio is presently 1.9 days. Approximately 6.7% of the shares of the company are short sold.

Critical Metals Stock Performance

CRML stock traded up $0.24 on Thursday, reaching $2.49. The company’s stock had a trading volume of 3,158,429 shares, compared to its average volume of 299,264. The firm has a fifty day moving average of $2.30 and a two-hundred day moving average of $5.33. Critical Metals has a 52 week low of $1.23 and a 52 week high of $12.49.

Institutional Investors Weigh In On Critical Metals

A number of institutional investors have recently added to or reduced their stakes in CRML. Rhumbline Advisers raised its stake in shares of Critical Metals by 582.5% in the 1st quarter. Rhumbline Advisers now owns 43,047 shares of the company’s stock worth $60,000 after buying an additional 36,740 shares in the last quarter. Barclays PLC raised its position in Critical Metals by 322.8% in the third quarter. Barclays PLC now owns 10,473 shares of the company’s stock worth $77,000 after acquiring an additional 7,996 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in 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 acquiring an additional 6,341 shares during the last quarter. Northern Trust Corp boosted its position in shares of Critical Metals by 13.2% during 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 in the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of Critical Metals by 2.6% in the 4th quarter. Geode Capital Management LLC now owns 107,034 shares of the company’s stock worth $727,000 after purchasing an additional 2,696 shares during the last quarter. 86.44% of the stock is currently owned by institutional investors and hedge funds.

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.