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

Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCP) saw a large increase in short interest in November. As of November 15th, there was short interest totalling 8,100 shares, an increase of 575.0% from the October 31st total of 1,200 shares. Based on an average daily volume of 28,400 shares, the short-interest ratio is currently 0.3 days. Approximately 0.3% of the company’s shares are short sold.

Thunder Bridge Capital Partners IV Stock Down 0.1 %

NASDAQ THCP traded down $0.01 during mid-day trading on Friday, reaching $10.94. 35,485 shares of the stock were exchanged, compared to its average volume of 29,194. The business’s fifty day simple moving average is $10.71 and its 200 day simple moving average is $10.60. Thunder Bridge Capital Partners IV has a 1-year low of $10.21 and a 1-year high of $11.68.

Hedge Funds Weigh In On Thunder Bridge Capital Partners IV

Several institutional investors have recently added to or reduced their stakes in the business. Virtu Financial LLC increased its stake in shares of Thunder Bridge Capital Partners IV by 438.7% during the 3rd quarter. Virtu Financial LLC now owns 74,282 shares of the company’s stock valued at $782,000 after acquiring an additional 60,494 shares during the last quarter. Clear Street LLC grew its holdings in Thunder Bridge Capital Partners IV by 40.3% in the second quarter. Clear Street LLC now owns 101,027 shares of the company’s stock valued at $1,070,000 after purchasing an additional 29,007 shares during the period. Finally, Gordian Capital Singapore Pte Ltd acquired a new position in Thunder Bridge Capital Partners IV during the third quarter worth approximately $95,000. 33.22% of the stock is currently owned by institutional investors and hedge funds.

About Thunder Bridge Capital Partners IV

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