Thunder Bridge Capital Partners III (NASDAQ:TBCP) Sees Strong Trading Volume

Thunder Bridge Capital Partners III Inc. (NASDAQ:TBCP) shares saw an uptick in trading volume on Wednesday . 28,029 shares were traded during trading, a decline of 36% from the previous session’s volume of 43,896 shares.The stock last traded at $9.71 and had previously closed at $9.70.

The stock has a 50 day moving average price of $9.72.

A number of institutional investors have recently made changes to their positions in TBCP. Ancora Advisors LLC acquired a new stake in Thunder Bridge Capital Partners III during the second quarter worth about $69,000. Silverback Asset Management LLC bought a new position in shares of Thunder Bridge Capital Partners III in the second quarter worth about $97,000. Geode Capital Management LLC bought a new position in shares of Thunder Bridge Capital Partners III in the second quarter worth about $128,000. OLD Mission Capital LLC bought a new position in shares of Thunder Bridge Capital Partners III in the second quarter worth about $152,000. Finally, Laurion Capital Management LP bought a new position in shares of Thunder Bridge Capital Partners III in the second quarter worth about $194,000. Hedge funds and other institutional investors own 45.58% of the company’s stock.

About Thunder Bridge Capital Partners III (NASDAQ:TBCP)

Thunder Bridge Capital Partners III Inc focuses on effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Great Falls, Virginia.

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