ClimateRock (NASDAQ:CLRC) Short Interest Up 2,400.0% in January

ClimateRock (NASDAQ:CLRC) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 2,500 shares, an increase of 2,400.0% from the December 31st total of 100 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 4,000 shares, the short-interest ratio is currently 0.6 days.

Hedge Funds Weigh In On ClimateRock

A hedge fund recently bought a new stake in ClimateRock stock. Mizuho Securities USA LLC acquired a new stake in shares of ClimateRock (NASDAQ:CLRC) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 291,030 shares of the company’s stock, valued at approximately $3,353,000. Mizuho Securities USA LLC owned 6.40% of ClimateRock as of its most recent SEC filing. Institutional investors own 55.48% of the company’s stock.

ClimateRock Stock Performance

CLRC stock traded up $0.04 during midday trading on Tuesday, hitting $11.88. The company’s stock had a trading volume of 2,814 shares, compared to its average volume of 1,167. ClimateRock has a 12 month low of $11.12 and a 12 month high of $12.35. The firm’s 50-day moving average is $11.77 and its 200-day moving average is $11.64.

About ClimateRock

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.