Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCP) Short Interest Update

Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCP) saw a large drop in short interest in July. As of July 15th, there was short interest totalling 900 shares, a drop of 18.2% from the June 30th total of 1,100 shares. Based on an average trading volume of 13,600 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Hedge Funds Weigh In On Thunder Bridge Capital Partners IV

A number of institutional investors have recently bought and sold shares of the business. Cowen AND Company LLC boosted its holdings in shares of Thunder Bridge Capital Partners IV by 57.0% during the 4th quarter. Cowen AND Company LLC now owns 392,694 shares of the company’s stock worth $4,013,000 after buying an additional 142,494 shares during the period. Spartan Fund Management Inc. grew its holdings in Thunder Bridge Capital Partners IV by 1,764.1% in the 4th quarter. Spartan Fund Management Inc. now owns 76,616 shares of the company’s stock valued at $783,000 after buying an additional 72,506 shares in the last quarter. Finally, Virtu Financial LLC acquired a new stake in shares of Thunder Bridge Capital Partners IV during the fourth quarter worth $356,000. Institutional investors and hedge funds own 33.22% of the company’s stock.

Thunder Bridge Capital Partners IV Stock Up 0.2 %

Shares of NASDAQ:THCP traded up $0.02 during trading on Monday, hitting $10.51. 101 shares of the company were exchanged, compared to its average volume of 22,597. Thunder Bridge Capital Partners IV has a fifty-two week low of $10.13 and a fifty-two week high of $10.64. The firm has a fifty day moving average price of $10.57 and a two-hundred day moving average price of $10.42.

Thunder Bridge Capital Partners IV Company Profile

Thunder Bridge Capital Partners IV Inc does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the financial services industry. Thunder Bridge Capital Partners IV Inc was incorporated in 2021 and is based in Great Falls, Virginia.