Short Interest in Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCP) Drops By 73.5%

by · The Cerbat Gem

Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCP – Get Free Report) was the target of a significant drop in short interest in the month of September. As of September 30th, there was short interest totalling 900 shares, a drop of 73.5% from the September 15th total of 3,400 shares. Based on an average daily trading volume, of 3,400 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Trading of Thunder Bridge Capital Partners IV

An institutional investor recently raised its position in Thunder Bridge Capital Partners IV stock. Clear Street LLC grew its position in Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCP – Free Report) by 40.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 101,027 shares of the company’s stock after acquiring an additional 29,007 shares during the period. Thunder Bridge Capital Partners IV accounts for 0.0% of Clear Street LLC’s portfolio, making the stock its 22nd largest holding. Clear Street LLC owned about 1.00% of Thunder Bridge Capital Partners IV worth $1,070,000 at the end of the most recent quarter. 33.22% of the stock is owned by hedge funds and other institutional investors.

Thunder Bridge Capital Partners IV Stock Performance

THCP remained flat at $10.55 during trading on Thursday. The firm’s fifty day simple moving average is $10.51 and its two-hundred day simple moving average is $10.51. Thunder Bridge Capital Partners IV has a twelve month low of $10.21 and a twelve month high of $10.64.

About Thunder Bridge Capital Partners IV

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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.

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