Short Interest in ClimateRock (NASDAQ:CLRC) Drops By 33.3%

ClimateRock (NASDAQ:CLRC) was the target of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 200 shares, a decrease of 33.3% from the February 13th total of 300 shares. Based on an average trading volume of 700 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are short sold.

ClimateRock Stock Performance

Shares of ClimateRock stock traded down $0.20 on Friday, hitting $11.93. The company had a trading volume of 1,600 shares, compared to its average volume of 1,865. ClimateRock has a 1 year low of $11.23 and a 1 year high of $12.35. The stock has a 50 day moving average of $11.93 and a 200-day moving average of $11.74.

Institutional Trading of ClimateRock

A number of institutional investors and hedge funds have recently modified their holdings of CLRC. Mizuho Securities USA LLC purchased a new stake in shares of ClimateRock during the third quarter valued at approximately $3,353,000. Harraden Circle Investments LLC purchased a new stake in ClimateRock in the fourth quarter worth $1,391,000. Finally, Toronto Dominion Bank purchased a new stake in ClimateRock in the fourth quarter worth $2,482,000. 55.48% of the stock is 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.