Short Interest in ClimateRock (NASDAQ:CLRC) Increases By 2,400.0%

ClimateRock (NASDAQ:CLRC) was the recipient of a large increase in short interest in the month of 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. Based on an average daily volume of 4,000 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.1% of the shares of the company are short sold.

Hedge Funds Weigh In On ClimateRock

A hedge fund recently bought a new stake in ClimateRock stock. Mizuho Securities USA LLC acquired a new position in shares of ClimateRock (NASDAQ:CLRC) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 291,030 shares of the company’s stock, valued at approximately $3,353,000. Mizuho Securities USA LLC owned 6.40% of ClimateRock at the end of the most recent quarter. 55.48% of the stock is currently owned by institutional investors and hedge funds.

ClimateRock Stock Up 0.3 %

CLRC opened at $11.88 on Wednesday. ClimateRock has a 52 week low of $11.12 and a 52 week high of $12.35. The business’s 50 day moving average is $11.77 and its two-hundred 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.