Critical Metals (NASDAQ:CRML) Sees Unusually-High Trading Volume – Time to Buy?

Critical Metals Corp. (NASDAQ:CRML) saw unusually-high trading volume on Tuesday . Approximately 66,142 shares changed hands during mid-day trading, a decline of 34% from the previous session’s volume of 100,229 shares.The stock last traded at $7.83 and had previously closed at $8.50.

Critical Metals Trading Down 10.5 %

The company’s 50-day moving average price is $6.90 and its two-hundred day moving average price is $7.73.

Hedge Funds Weigh In On Critical Metals

A number of large investors have recently bought and sold shares of CRML. Rhumbline Advisers bought a new stake in Critical Metals during the 2nd quarter valued at $69,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Critical Metals during the second quarter worth about $101,000. Barclays PLC grew its stake in shares of Critical Metals by 322.8% in the third quarter. Barclays PLC now owns 10,473 shares of the company’s stock worth $77,000 after purchasing an additional 7,996 shares during the last quarter. JPMorgan Chase & Co. raised 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 valued at $90,000 after purchasing an additional 6,341 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in Critical Metals in the 2nd quarter worth approximately $185,000. 86.44% of the stock is 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.