Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCP) Short Interest Down 18.2% in July

Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCP) was the target of a large drop in short interest during the month of July. As of July 15th, there was short interest totalling 900 shares, a drop of 18.2% from the June 30th total of 1,100 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 13,600 shares, the days-to-cover ratio is currently 0.1 days.

Thunder Bridge Capital Partners IV Stock Performance

NASDAQ THCP opened at $10.49 on Friday. The business’s fifty day simple moving average is $10.57 and its 200-day simple moving average is $10.42. Thunder Bridge Capital Partners IV has a 52 week low of $10.13 and a 52 week high of $10.64.

Institutional Investors Weigh In On Thunder Bridge Capital Partners IV

Several hedge funds and other institutional investors have recently bought and sold shares of THCP. Cowen AND Company LLC grew its stake in shares of Thunder Bridge Capital Partners IV by 57.0% in the 4th quarter. Cowen AND Company LLC now owns 392,694 shares of the company’s stock valued at $4,013,000 after buying an additional 142,494 shares during the period. Spartan Fund Management Inc. grew its position in Thunder Bridge Capital Partners IV by 1,764.1% in the fourth quarter. Spartan Fund Management Inc. now owns 76,616 shares of the company’s stock worth $783,000 after acquiring an additional 72,506 shares during the period. Finally, Virtu Financial LLC acquired a new stake in Thunder Bridge Capital Partners IV during the fourth quarter worth $356,000. 33.22% of the stock is currently owned by institutional investors and hedge funds.

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.