Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCP – Get Rating) was the target of a large growth in short interest during the month of August. As of August 15th, there was short interest totalling 3,200 shares, a growth of 39.1% from the July 31st total of 2,300 shares. Based on an average trading volume of 25,500 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Thunder Bridge Capital Partners IV Price Performance

NASDAQ THCP traded up $0.01 during trading on Friday, reaching $9.76. The company's stock had a trading volume of 1,133 shares, compared to its average volume of 50,821. The firm has a fifty day moving average of $9.78 and a 200 day moving average of $9.78. Thunder Bridge Capital Partners IV has a one year low of $9.55 and a one year high of $16.84.

Hedge Funds Weigh In On Thunder Bridge Capital Partners IV

A number of institutional investors have recently added to or reduced their stakes in THCP. Healthcare of Ontario Pension Plan Trust Fund bought a new position in Thunder Bridge Capital Partners IV in the 1st quarter worth about $9,880,000. Ghisallo Capital Management LLC bought a new position in shares of Thunder Bridge Capital Partners IV during the 4th quarter valued at about $6,874,000. JPMorgan Chase & Co. increased its position in shares of Thunder Bridge Capital Partners IV by 494.1% during the 1st quarter. JPMorgan Chase & Co. now owns 718,874 shares of the company's stock valued at $7,102,000 after purchasing an additional 597,874 shares during the last quarter. Exos Asset Management LLC bought a new position in shares of Thunder Bridge Capital Partners IV during the 4th quarter valued at about $4,972,000. Finally, CSS LLC IL bought a new position in shares of Thunder Bridge Capital Partners IV during the 4th quarter valued at about $3,431,000. 58.53% of the stock is currently owned by institutional investors.

About Thunder Bridge Capital Partners IV

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 in the financial services industry. The company was incorporated in 2021 and is based in Great Falls, Virginia.

Further Reading

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