Thunder Bridge Capital Partners III (NASDAQ:TBCP) Sees Unusually-High Trading Volume

Thunder Bridge Capital Partners III Inc. (NASDAQ:TBCP) saw strong trading volume on Thursday . 1,800 shares changed hands during mid-day trading, a decline of 87% from the previous session’s volume of 14,155 shares.The stock last traded at $9.75 and had previously closed at $9.73.

The company has a fifty day moving average price of $9.75.

Large investors have recently modified their holdings of the stock. Owl Creek Asset Management L.P. bought a new stake in Thunder Bridge Capital Partners III in the 1st quarter valued at about $292,000. Castle Creek Arbitrage LLC bought a new stake in Thunder Bridge Capital Partners III in the 1st quarter valued at about $486,000. Verition Fund Management LLC bought a new stake in Thunder Bridge Capital Partners III in the 1st quarter valued at about $1,338,000. Saba Capital Management L.P. bought a new stake in Thunder Bridge Capital Partners III in the 1st quarter valued at about $1,613,000. Finally, Goldman Sachs Group Inc. bought a new stake in Thunder Bridge Capital Partners III in the 1st quarter valued at about $2,296,000. 4.21% of the stock is currently owned by institutional investors.

Thunder Bridge Capital Partners III Company Profile (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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