Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCP – Get Free Report) saw a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 3,700 shares, an increase of 60.9% from the March 31st total of 2,300 shares. Based on an average trading volume of 20,000 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are short sold.
Thunder Bridge Capital Partners IV Stock Performance
THCP remained flat at $10.51 during trading hours on Friday. The company had a trading volume of 1 shares, compared to its average volume of 38,374. The firm’s 50-day simple moving average is $10.35 and its two-hundred day simple moving average is $10.27. Thunder Bridge Capital Partners IV has a 52 week low of $10.07 and a 52 week high of $10.98.
Institutional Investors Weigh In On Thunder Bridge Capital Partners IV
Several large investors have recently added to or reduced their stakes in THCP. Spartan Fund Management Inc. bought a new position in Thunder Bridge Capital Partners IV in the 3rd quarter worth about $42,000. Virtu Financial LLC bought a new position in Thunder Bridge Capital Partners IV in the 4th quarter worth about $356,000. ATW Spac Management LLC bought a new position in Thunder Bridge Capital Partners IV in the 3rd quarter worth about $444,000. Finally, Cowen AND Company LLC bought a new position in Thunder Bridge Capital Partners IV in the 3rd quarter worth about $2,565,000. Hedge funds and other institutional investors own 33.22% of the company’s stock.
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.
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