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

Critical Metals Corp. (NASDAQ:CRML) gapped up before the market opened on Thursday . The stock had previously closed at $6.80, but opened at $7.18. Critical Metals shares last traded at $7.00, with a volume of 2,690 shares traded.

Critical Metals Stock Performance

The stock’s 50 day moving average price is $6.65 and its two-hundred day moving average price is $8.21.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp purchased a new stake in shares of Critical Metals during the 2nd quarter worth approximately $185,000. Rhumbline Advisers purchased a new stake in Critical Metals during the second quarter worth $69,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Critical Metals during the second quarter worth $101,000. JPMorgan Chase & Co. grew its holdings in Critical Metals by 111.2% in the third 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, Barclays PLC increased its position in shares of Critical Metals by 322.8% in the third quarter. Barclays PLC now owns 10,473 shares of the company’s stock valued at $77,000 after buying an additional 7,996 shares in the last quarter. 86.44% of the stock is currently owned by institutional investors and hedge funds.

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.