ClimateRock (NASDAQ:CLRC) Sees Significant Increase in Short Interest

ClimateRock (NASDAQ:CLRC) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 200 shares, an increase of 100.0% from the September 15th total of 100 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 4,700 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On ClimateRock

Institutional investors have recently modified their holdings of the business. Glazer Capital LLC purchased a new position in shares of ClimateRock in the second quarter worth approximately $150,000. Virtu Financial LLC bought a new stake in shares of ClimateRock during the first quarter worth $287,000. Berkley W R Corp boosted its holdings in ClimateRock by 13.3% in the second quarter. Berkley W R Corp now owns 310,754 shares of the company’s stock valued at $3,580,000 after acquiring an additional 36,444 shares during the last quarter. K2 Principal Fund L.P. acquired a new position in shares of ClimateRock during the 2nd quarter worth about $699,000. Finally, Logan Stone Capital LLC bought a new position in shares of ClimateRock during the 2nd quarter valued at about $1,138,000. Institutional investors own 55.48% of the company’s stock.

ClimateRock Stock Performance

CLRC stock remained flat at $11.60 during trading on Friday. The business’s fifty day simple moving average is $11.57 and its 200-day simple moving average is $11.48. ClimateRock has a fifty-two week low of $10.90 and a fifty-two week high of $12.35.

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.