Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCP) Short Interest Up 112.3% in November

Posted by Latisha Jones on Dec 14th, 2024

Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCP – Get Free Report) was the recipient of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 17,200 shares, an increase of 112.3% from the November 15th total of 8,100 shares. Based on an average daily trading volume, of 57,900 shares, the short-interest ratio is currently 0.3 days. Currently, 0.6% of the company’s shares are short sold.

Thunder Bridge Capital Partners IV Trading Down 8.7 %

NASDAQ THCP traded down $1.16 during trading hours on Friday, reaching $12.24. The company had a trading volume of 88,370 shares, compared to its average volume of 40,211. The stock has a 50-day moving average of $11.10 and a 200 day moving average of $10.73. Thunder Bridge Capital Partners IV has a 1-year low of $10.21 and a 1-year high of $14.99.

Hedge Funds Weigh In On Thunder Bridge Capital Partners IV

Several large investors have recently made changes to their positions in THCP. Virtu Financial LLC grew its stake in shares of Thunder Bridge Capital Partners IV by 438.7% in the third quarter. Virtu Financial LLC now owns 74,282 shares of the company’s stock valued at $782,000 after buying an additional 60,494 shares in the last quarter. Gordian Capital Singapore Pte Ltd purchased a new position in Thunder Bridge Capital Partners IV during the 3rd quarter valued at about $95,000. Finally, Clear Street LLC grew its position in Thunder Bridge Capital Partners IV by 40.3% in the 2nd quarter. Clear Street LLC now owns 101,027 shares of the company’s stock valued at $1,070,000 after acquiring an additional 29,007 shares in the last quarter. 33.22% of the stock is currently owned by institutional investors and hedge funds.

Thunder Bridge Capital Partners IV Company Profile

(Get Free Report)

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.