ClimateRock (NASDAQ:CLRC) Sees Large Decrease in Short Interest

ClimateRock (NASDAQ:CLRC) saw a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 200 shares, a decline of 33.3% from the February 13th total of 300 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 700 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On ClimateRock

Several hedge funds have recently bought and sold shares of the company. Harraden Circle Investments LLC purchased a new stake in ClimateRock during the 4th quarter worth approximately $1,391,000. Toronto Dominion Bank acquired a new position in shares of ClimateRock in the fourth quarter worth $2,482,000. Finally, Mizuho Securities USA LLC purchased a new stake in shares of ClimateRock during the third quarter worth $3,353,000. Institutional investors and hedge funds own 55.48% of the company’s stock.

ClimateRock Trading Down 1.7 %

Shares of ClimateRock stock opened at $11.93 on Monday. The business’s 50 day moving average price is $11.93 and its 200 day moving average price is $11.74. ClimateRock has a one year low of $11.23 and a one year high of $12.35.

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.