Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCP) Short Interest Up 325.0% in September

Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCP) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totalling 3,400 shares, an increase of 325.0% from the August 31st total of 800 shares. Based on an average daily volume of 5,900 shares, the days-to-cover ratio is presently 0.6 days.

Thunder Bridge Capital Partners IV Stock Performance

Shares of Thunder Bridge Capital Partners IV stock traded up $0.02 during midday trading on Friday, hitting $10.53. The company had a trading volume of 540 shares, compared to its average volume of 19,769. Thunder Bridge Capital Partners IV has a 52-week low of $10.21 and a 52-week high of $10.64. The company has a 50 day moving average of $10.50 and a 200 day moving average of $10.50.

Institutional Investors Weigh In On Thunder Bridge Capital Partners IV

An institutional investor recently bought a new position in Thunder Bridge Capital Partners IV stock. Virtu Financial LLC acquired a new stake in shares of Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCP) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 34,838 shares of the company’s stock, valued at approximately $356,000. Virtu Financial LLC owned about 0.35% of Thunder Bridge Capital Partners IV at the end of the most recent reporting period. Institutional investors and hedge funds own 33.22% of the company’s stock.

About Thunder Bridge Capital Partners IV

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.