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Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCPW) Sees Significant Decline in Short Interest

Defense World ·  Jan 22, 2023 01:42

Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCPW – Get Rating) was the recipient of a large decline in short interest in the month of December. As of December 30th, there was short interest totalling 1,400 shares, a decline of 17.6% from the December 15th total of 1,700 shares. Based on an average daily trading volume, of 5,200 shares, the days-to-cover ratio is currently 0.3 days.

Thunder Bridge Capital Partners IV Price Performance

Shares of Thunder Bridge Capital Partners IV stock opened at $0.16 on Friday. The company's fifty day moving average price is $0.12 and its two-hundred day moving average price is $0.13. Thunder Bridge Capital Partners IV has a 52-week low of $0.03 and a 52-week high of $0.88.

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Institutional Investors Weigh In On Thunder Bridge Capital Partners IV

A hedge fund recently bought a new stake in Thunder Bridge Capital Partners IV stock. Healthcare of Ontario Pension Plan Trust Fund bought a new position in Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCPW – Get Rating) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 200,000 shares of the company's stock, valued at approximately $132,000.

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