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

Critical Metals Corp. (NASDAQ:CRML - Get Free Report) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 1,830,000 shares, a growth of 61.9% from the March 31st total of 1,130,000 shares. Currently, 10.9% of the company's shares are short sold. Based on an average daily volume of 1,250,000 shares, the days-to-cover ratio is presently 1.5 days.

Institutional Investors Weigh In On Critical Metals

Hedge funds and other institutional investors have recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. bought a new position in shares of Critical Metals in the 1st quarter worth $58,000. Rhumbline Advisers raised its stake in shares of Critical Metals by 582.5% during the 1st quarter. Rhumbline Advisers now owns 43,047 shares of the company's stock worth $60,000 after purchasing an additional 36,740 shares during the period. Northern Trust Corp raised its stake 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 worth $330,000 after purchasing an additional 5,670 shares during the period. Barclays PLC raised its stake in shares of Critical Metals by 22.9% during the 4th quarter. Barclays PLC now owns 12,876 shares of the company's stock worth $88,000 after purchasing an additional 2,403 shares during the period. Finally, Geode Capital Management LLC raised its stake in shares of Critical Metals by 2.6% during 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 period. Institutional investors own 86.44% of the company's stock.

Critical Metals Price Performance

Shares of NASDAQ:CRML opened at $1.45 on Wednesday. Critical Metals has a 1 year low of $1.23 and a 1 year high of $12.49. The business's 50-day moving average is $1.87 and its 200-day moving average is $5.01.

About Critical Metals

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.

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