Thunder Bridge Capital Partners IV (NASDAQ:THCP) Trading Down 0.2%

Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCPGet Free Report)’s share price dropped 0.2% on Tuesday . The stock traded as low as $10.23 and last traded at $10.23. Approximately 375,021 shares were traded during mid-day trading, an increase of 925% from the average daily volume of 36,602 shares. The stock had previously closed at $10.25.

Thunder Bridge Capital Partners IV Price Performance

The company’s 50-day moving average price is $10.23 and its two-hundred day moving average price is $10.21.

Hedge Funds Weigh In On Thunder Bridge Capital Partners IV

A number of hedge funds have recently bought and sold shares of THCP. Spartan Fund Management Inc. bought a new position in Thunder Bridge Capital Partners IV during the third quarter worth about $42,000. Basso Capital Management L.P. bought a new position in Thunder Bridge Capital Partners IV in the 1st quarter valued at about $111,000. Flow Traders U.S. LLC bought a new position in Thunder Bridge Capital Partners IV in the 2nd quarter valued at about $139,000. PenderFund Capital Management Ltd. bought a new position in Thunder Bridge Capital Partners IV in the 2nd quarter valued at about $180,000. Finally, Landscape Capital Management L.L.C. bought a new position in Thunder Bridge Capital Partners IV in the 2nd quarter valued at about $202,000. 69.20% of the stock is owned by institutional investors.

Thunder Bridge Capital Partners IV Company Profile

(Get Free Report)

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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