Short Interest in Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCP) Decreases By 73.5%

Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCP) was the recipient of a significant decrease in short interest in September. As of September 30th, there was short interest totalling 900 shares, a decrease of 73.5% from the September 15th total of 3,400 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 3,400 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Thunder Bridge Capital Partners IV stock. Virtu Financial LLC acquired a new stake in shares of Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCP) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 34,838 shares of the company’s stock, valued at approximately $356,000. Virtu Financial LLC owned 0.35% of Thunder Bridge Capital Partners IV as of its most recent SEC filing. 33.22% of the stock is owned by hedge funds and other institutional investors.

Thunder Bridge Capital Partners IV Price Performance

Thunder Bridge Capital Partners IV stock remained flat at $10.55 during midday trading on Friday. 2,619 shares of the company were exchanged, compared to its average volume of 18,750. The company’s 50 day simple moving average is $10.51 and its 200 day simple moving average is $10.51. Thunder Bridge Capital Partners IV has a 12 month low of $10.21 and a 12 month high of $10.64.

About Thunder Bridge Capital Partners IV

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.