Short Interest in Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCP) Declines By 21.1%

Thunder Bridge Capital Partners IV Inc. (NASDAQ:THCP) was the recipient of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 1,500 shares, a decline of 21.1% from the February 29th total of 1,900 shares. Based on an average trading volume of 10,900 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Thunder Bridge Capital Partners IV Stock Performance

Shares of THCP opened at $10.30 on Friday. Thunder Bridge Capital Partners IV has a fifty-two week low of $10.07 and a fifty-two week high of $10.98. The firm has a 50 day moving average price of $10.27 and a 200-day moving average price of $10.24.

Institutional Investors Weigh In On Thunder Bridge Capital Partners IV

A number of hedge funds have recently made changes to their positions in THCP. JPMorgan Chase & Co. lifted its holdings in shares of Thunder Bridge Capital Partners IV by 494.1% in the 1st quarter. JPMorgan Chase & Co. now owns 718,874 shares of the company’s stock worth $7,102,000 after acquiring an additional 597,874 shares during the last quarter. Ghisallo Capital Management LLC lifted its holdings in shares of Thunder Bridge Capital Partners IV by 101.5% in the 2nd quarter. Ghisallo Capital Management LLC now owns 1,000,000 shares of the company’s stock worth $10,120,000 after acquiring an additional 503,693 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Thunder Bridge Capital Partners IV by 395.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 403,368 shares of the company’s stock worth $3,985,000 after acquiring an additional 322,000 shares during the last quarter. Cowen AND Company LLC bought a new stake in shares of Thunder Bridge Capital Partners IV in the 3rd quarter worth approximately $2,565,000. Finally, BNP Paribas Arbitrage SNC bought a new stake in Thunder Bridge Capital Partners IV during the 3rd quarter valued at $2,432,000. 33.22% of the stock is currently owned by institutional investors.

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.