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

Posted by Donald Scott on Dec 14th, 2024

Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCP – Get Free Report) saw a significant increase in short interest in 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. Currently, 0.6% of the shares of the company are sold short. Based on an average daily volume of 57,900 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of Thunder Bridge Capital Partners IV

Several institutional investors and hedge funds have recently bought and sold shares of THCP. Gordian Capital Singapore Pte Ltd bought a new position in shares of Thunder Bridge Capital Partners IV in the third quarter worth approximately $95,000. Virtu Financial LLC lifted its position in Thunder Bridge Capital Partners IV by 438.7% during the third quarter. Virtu Financial LLC now owns 74,282 shares of the company’s stock valued at $782,000 after purchasing an additional 60,494 shares during the last quarter. Finally, Clear Street LLC grew its stake 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 worth $1,070,000 after buying an additional 29,007 shares in the last quarter. 33.22% of the stock is currently owned by hedge funds and other institutional investors.

Thunder Bridge Capital Partners IV Trading Down 8.7 %

Shares of Thunder Bridge Capital Partners IV stock traded down $1.16 on Friday, reaching $12.24. The stock had a trading volume of 88,370 shares, compared to its average volume of 40,211. The business’s 50 day moving average is $11.10 and its two-hundred day moving average is $10.73. Thunder Bridge Capital Partners IV has a 1 year low of $10.21 and a 1 year high of $14.99.

Thunder Bridge Capital Partners IV Company Profile

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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.