ClimateRock (NASDAQ:CLRC) Short Interest Up 2,400.0% in January

ClimateRock (NASDAQ:CLRC) was the target of a large growth in short interest in January. As of January 15th, there was short interest totalling 2,500 shares, a growth of 2,400.0% from the December 31st total of 100 shares. Based on an average trading volume of 4,000 shares, the short-interest ratio is currently 0.6 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Trading of ClimateRock

A hedge fund recently bought a new stake in ClimateRock stock. Mizuho Securities USA LLC purchased a new stake in shares of ClimateRock (NASDAQ:CLRC) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 291,030 shares of the company’s stock, valued at approximately $3,353,000. Mizuho Securities USA LLC owned 6.40% of ClimateRock as of its most recent filing with the SEC. Institutional investors and hedge funds own 55.48% of the company’s stock.

ClimateRock Stock Up 0.3 %

Shares of CLRC opened at $11.88 on Thursday. ClimateRock has a 1 year low of $11.12 and a 1 year high of $12.35. The business’s 50 day simple moving average is $11.78 and its 200-day simple moving average is $11.65.

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.