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

Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCP) saw a significant 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 trading volume of 28,400 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.3% of the company’s shares are sold short.

Thunder Bridge Capital Partners IV Stock Performance

Shares of NASDAQ THCP traded down $0.01 during midday trading on Friday, hitting $10.94. The stock had a trading volume of 35,485 shares, compared to its average volume of 29,194. Thunder Bridge Capital Partners IV has a 1-year low of $10.21 and a 1-year high of $11.68. The company has a fifty day moving average price of $10.71 and a 200 day moving average price of $10.60.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Clear Street LLC increased its position in shares of 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 worth $1,070,000 after acquiring an additional 29,007 shares in the last quarter. Virtu Financial LLC boosted its position in 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 purchasing an additional 60,494 shares during the period. Finally, Gordian Capital Singapore Pte Ltd purchased a new position in Thunder Bridge Capital Partners IV in the third quarter valued at about $95,000. Hedge funds and other institutional investors own 33.22% of the company’s stock.

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.