Critical Metals (NASDAQ:CRML) Shares Gap Up – What’s Next?

Critical Metals Corp. (NASDAQ:CRML)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $6.55, but opened at $6.99. Critical Metals shares last traded at $6.87, with a volume of 1,151 shares changing hands.

Critical Metals Price Performance

The business’s 50-day moving average price is $6.67 and its 200-day moving average price is $8.01.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in CRML. Bank of New York Mellon Corp acquired a new stake in Critical Metals in the second quarter worth about $185,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Critical Metals in the 2nd quarter valued at approximately $101,000. Barclays PLC boosted its stake in Critical Metals by 322.8% in 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. grew its position in Critical Metals by 111.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 12,044 shares of the company’s stock worth $90,000 after purchasing an additional 6,341 shares during the last quarter. Finally, Rhumbline Advisers acquired a new position in Critical Metals during the 2nd quarter valued at approximately $69,000. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

About Critical Metals

Sizzle Acquisition Corp. is a blank check company. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or related business combination with one or more businesses. Sizzle Acquisition Corp. is based in Washington, the District of Columbia.