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

Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCP) was the recipient of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 3,700 shares, an increase of 60.9% from the March 31st total of 2,300 shares. Based on an average daily volume of 20,000 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

Hedge Funds Weigh In On Thunder Bridge Capital Partners IV

Large investors have recently made changes to their positions in the company. Spartan Fund Management Inc. purchased a new stake in Thunder Bridge Capital Partners IV in the 3rd quarter valued at about $42,000. Virtu Financial LLC purchased a new stake in Thunder Bridge Capital Partners IV in the 4th quarter valued at about $356,000. ATW Spac Management LLC purchased a new stake in Thunder Bridge Capital Partners IV in the 3rd quarter valued at about $444,000. Finally, Cowen AND Company LLC purchased a new stake in Thunder Bridge Capital Partners IV in the 3rd quarter valued at about $2,565,000. 33.22% of the stock is owned by hedge funds and other institutional investors.

Thunder Bridge Capital Partners IV Price Performance

THCP stock opened at $10.51 on Friday. Thunder Bridge Capital Partners IV has a 12 month low of $10.07 and a 12 month high of $10.98. The company has a 50-day moving average price of $10.35 and a 200 day moving average price of $10.27.

Thunder Bridge Capital Partners IV Company Profile

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.