Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCP) Short Interest Up 60.9% in April

Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCP) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totalling 3,700 shares, a growth of 60.9% from the March 31st total of 2,300 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 20,000 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On Thunder Bridge Capital Partners IV

Several hedge funds have recently bought and sold shares of the company. Spartan Fund Management Inc. purchased a new position in Thunder Bridge Capital Partners IV during the third quarter valued at approximately $42,000. Virtu Financial LLC purchased a new position in Thunder Bridge Capital Partners IV during the fourth quarter valued at approximately $356,000. ATW Spac Management LLC purchased a new position in Thunder Bridge Capital Partners IV during the third quarter valued at approximately $444,000. Finally, Cowen AND Company LLC grew its stake in Thunder Bridge Capital Partners IV by 57.0% during the fourth quarter. Cowen AND Company LLC now owns 392,694 shares of the company’s stock valued at $4,013,000 after acquiring an additional 142,494 shares in the last quarter. Hedge funds and other institutional investors own 33.22% of the company’s stock.

Thunder Bridge Capital Partners IV Trading Down 0.2 %

THCP opened at $10.51 on Monday. The firm has a 50-day moving average price of $10.35 and a 200-day moving average price of $10.27. Thunder Bridge Capital Partners IV has a twelve month low of $10.07 and a twelve month high of $10.98.

About Thunder Bridge Capital Partners IV

Thunder Bridge Capital Partners IV Inc does not have significant operations. The company 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. Thunder Bridge Capital Partners IV Inc was incorporated in 2021 and is based in Great Falls, Virginia.