Critical Metals Corp. (NASDAQ:CRML) Short Interest Up 96.2% in February

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

Institutional Trading of Critical Metals

A number of institutional investors have recently bought and sold shares of CRML. Barclays PLC increased its position in Critical Metals by 322.8% during the 3rd quarter. Barclays PLC now owns 10,473 shares of the company’s stock worth $77,000 after purchasing an additional 7,996 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Critical Metals by 111.2% in the third 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. Northern Trust Corp grew its holdings in Critical Metals by 13.2% during the 4th quarter. Northern Trust Corp now owns 48,641 shares of the company’s stock worth $330,000 after acquiring an additional 5,670 shares in the last quarter. Finally, Geode Capital Management LLC increased 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 acquiring an additional 4,583 shares during the last quarter. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

Critical Metals Trading Down 7.3 %

Critical Metals stock traded down $0.14 during mid-day trading on Monday, reaching $1.77. The company had a trading volume of 698,044 shares, compared to its average volume of 91,574. The stock’s 50-day simple moving average is $6.18 and its 200-day simple moving average is $6.81. Critical Metals has a 1 year low of $1.51 and a 1 year high of $14.00.

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.