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Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCP) Short Interest Up 46.2% in December

Financial News Live ·  Dec 31, 2022 17:01

Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCP – Get Rating) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 3,800 shares, an increase of 46.2% from the November 30th total of 2,600 shares. Based on an average daily volume of 73,900 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company's shares are sold short.

Thunder Bridge Capital Partners IV Price Performance

Shares of NASDAQ:THCP remained flat at $9.94 during midday trading on Friday. The stock had a trading volume of 20 shares, compared to its average volume of 17,023. Thunder Bridge Capital Partners IV has a twelve month low of $9.60 and a twelve month high of $10.40. The company's 50-day moving average is $9.83 and its 200 day moving average is $9.79.

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Institutional Investors Weigh In On Thunder Bridge Capital Partners IV

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of Thunder Bridge Capital Partners IV in the first quarter valued at $9,880,000. JPMorgan Chase & Co. grew its position in Thunder Bridge Capital Partners IV by 494.1% during the first quarter. JPMorgan Chase & Co. now owns 718,874 shares of the company's stock valued at $7,102,000 after acquiring an additional 597,874 shares during the period. RPO LLC grew its position in Thunder Bridge Capital Partners IV by 167.5% during the third quarter. RPO LLC now owns 623,040 shares of the company's stock valued at $6,063,000 after acquiring an additional 390,087 shares during the period. Calamos Advisors LLC purchased a new stake in Thunder Bridge Capital Partners IV during the third quarter valued at about $4,865,000. Finally, Goldman Sachs Group Inc. grew its position in Thunder Bridge Capital Partners IV by 395.7% during the first quarter. Goldman Sachs Group Inc. now owns 403,368 shares of the company's stock valued at $3,985,000 after acquiring an additional 322,000 shares during the period. Hedge funds and other institutional investors own 74.54% of the company's stock.

Thunder Bridge Capital Partners IV Company Profile

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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.

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