Decarbonization Plus Acquisition Co. IV (NASDAQ:DCRDW) Short Interest Update

Decarbonization Plus Acquisition Co. IV (NASDAQ:DCRDW – Get Rating) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totalling 4,600 shares, a drop of 50.0% from the April 30th total of 9,200 shares. Based on an average daily volume of 27,600 shares, the days-to-cover ratio is currently 0.2 days.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DCRDW. Segantii Capital Management Ltd purchased a new position in Decarbonization Plus Acquisition Co. IV during the 1st quarter valued at approximately $497,000. Highbridge Capital Management LLC boosted its holdings in shares of Decarbonization Plus Acquisition Co. IV by 60.1% in the 1st quarter. Highbridge Capital Management LLC now owns 2,519,368 shares of the company’s stock worth $1,461,000 after purchasing an additional 946,015 shares during the period. Aristeia Capital LLC purchased a new position in shares of Decarbonization Plus Acquisition Co. IV in the 1st quarter worth approximately $86,000. Finally, Spartan Fund Management Inc. purchased a new position in shares of Decarbonization Plus Acquisition Co. IV in the 1st quarter worth approximately $109,000.

NASDAQ DCRDW opened at $0.43 on Friday. Decarbonization Plus Acquisition Co. IV has a 1-year low of $0.30 and a 1-year high of $1.40.

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