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

Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCP) saw a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 8,100 shares, a growth 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 presently 0.3 days. Currently, 0.3% of the shares of the company are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Clear Street LLC lifted its holdings in Thunder Bridge Capital Partners IV by 40.3% during the 2nd 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 last quarter. Gordian Capital Singapore Pte Ltd bought a new stake in shares of Thunder Bridge Capital Partners IV during the 3rd quarter worth about $95,000. Finally, Virtu Financial LLC boosted its holdings 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 worth $782,000 after buying an additional 60,494 shares during the period. 33.22% of the stock is currently owned by institutional investors.

Thunder Bridge Capital Partners IV Stock Down 3.5 %

Shares of THCP stock traded down $0.39 on Thursday, reaching $10.96. The stock had a trading volume of 51,336 shares, compared to its average volume of 29,149. The firm’s 50-day moving average is $10.69 and its two-hundred day moving average is $10.59. Thunder Bridge Capital Partners IV has a 12 month low of $10.21 and a 12 month high of $11.68.

Thunder Bridge Capital Partners IV Company Profile

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.