Critical Metals Corp. $CRML Shares Sold by Polar Asset Management Partners Inc.

Key Points

• Polar Asset Management Partners Inc. reduced its stake in Critical Metals Corp. by 42.2% during the first quarter, possessing 421,800 shares valued at $586,000 by the end of the period.
• Institutional investors and hedge funds collectively own 86.44% of Critical Metals, with several firms, including Alps Advisors Inc. and Rhumbline Advisers, increasing their stakes significantly during the same timeframe.
• Shares of Critical Metals Corp. currently trade at $5.81, reflecting a performance range between a 1-year low of $1.23 and a high of $9.89.

Polar Asset Management Partners Inc. lowered its holdings in Critical Metals Corp. (NASDAQ:CRML - Free Report) by 42.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 421,800 shares of the company's stock after selling 308,200 shares during the period. Polar Asset Management Partners Inc. owned approximately 0.43% of Critical Metals worth $586,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Barclays PLC increased its position in shares of Critical Metals by 22.9% in the fourth quarter. Barclays PLC now owns 12,876 shares of the company's stock worth $88,000 after acquiring an additional 2,403 shares in the last quarter. Northern Trust Corp increased its position in shares of Critical Metals by 13.2% in the fourth 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. Next Capital Management LLC acquired a new stake in shares of Critical Metals in the first quarter worth $28,000. Alps Advisors Inc. increased its position in shares of Critical Metals by 139.8% in the first quarter. Alps Advisors Inc. now owns 36,799 shares of the company's stock worth $51,000 after acquiring an additional 21,451 shares in the last quarter. Finally, Rhumbline Advisers increased its position in shares of Critical Metals by 582.5% in the first quarter. Rhumbline Advisers now owns 43,047 shares of the company's stock worth $60,000 after acquiring an additional 36,740 shares in the last quarter. Institutional investors and hedge funds own 86.44% of the company's stock.

Critical Metals Price Performance

Critical Metals stock remained flat at $6.23 during midday trading on Friday. 1,095,890 shares of the company traded hands, compared to its average volume of 3,214,305. Critical Metals Corp. has a 12-month low of $1.23 and a 12-month high of $9.89. The company has a 50-day simple moving average of $4.82 and a 200 day simple moving average of $2.90.

Critical Metals 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.