ClimateRock (NASDAQ:CLRC) Short Interest Down 88.5% in January

ClimateRock (NASDAQ:CLRC) was the target of a large decline in short interest in January. As of January 31st, there was short interest totalling 300 shares, a decline of 88.5% from the January 15th total of 2,600 shares. Based on an average daily volume of 4,200 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

ClimateRock Stock Up 0.7 %

CLRC stock traded up $0.09 on Thursday, hitting $11.93. 326 shares of the company’s stock traded hands, compared to its average volume of 1,979. ClimateRock has a 1-year low of $11.12 and a 1-year high of $12.35. The stock has a fifty day moving average of $11.84 and a 200-day moving average of $11.68.

Institutional Investors Weigh In On ClimateRock

A hedge fund recently raised its stake in ClimateRock stock. Mizuho Securities USA LLC grew its stake in shares of ClimateRock (NASDAQ:CLRC) by 40.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 408,381 shares of the company’s stock after purchasing an additional 117,351 shares during the period. Mizuho Securities USA LLC owned about 8.98% of ClimateRock worth $4,778,000 as of its most recent SEC filing. 55.48% of the stock is currently owned by hedge funds and other institutional investors.

ClimateRock Company Profile

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.