Short Interest in Decarbonization Plus Acquisition Co. IV (NASDAQ:DCRD) Drops By 67.4%

Decarbonization Plus Acquisition Co. IV (NASDAQ:DCRDGet Rating) was the recipient of a significant drop in short interest during the month of April. As of April 30th, there was short interest totalling 4,500 shares, a drop of 67.4% from the April 15th total of 13,800 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 41,100 shares, the short-interest ratio is presently 0.1 days.

Several institutional investors have recently modified their holdings of DCRD. Adage Capital Partners GP L.L.C. acquired a new stake in Decarbonization Plus Acquisition Co. IV during the fourth quarter valued at $17,748,000. Citadel Advisors LLC acquired a new stake in Decarbonization Plus Acquisition Co. IV during the fourth quarter valued at $15,296,000. Highbridge Capital Management LLC grew its position in Decarbonization Plus Acquisition Co. IV by 11.3% during the first quarter. Highbridge Capital Management LLC now owns 1,279,493 shares of the company’s stock valued at $12,718,000 after buying an additional 129,811 shares during the period. Dryden Capital LLC acquired a new stake in Decarbonization Plus Acquisition Co. IV during the fourth quarter valued at $11,478,000. Finally, Bank of America Corp DE acquired a new stake in Decarbonization Plus Acquisition Co. IV during the fourth quarter valued at $8,887,000. 86.03% of the stock is owned by hedge funds and other institutional investors.

Shares of Decarbonization Plus Acquisition Co. IV stock opened at $9.92 on Thursday. The firm has a fifty day moving average price of $9.91 and a 200 day moving average price of $9.90. Decarbonization Plus Acquisition Co. IV has a 1 year low of $9.75 and a 1 year high of $10.56.

Decarbonization Plus Acquisition Co. IV Company Profile (Get Rating)

Decarbonization Plus Acquisition Corporation IV does not have significant operations. It focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in energy and agriculture, industrials, transportation, and commercial and residential sectors.

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