Thunder Bridge Capital Partners V Ltd. (NASDAQ:TBCVU) Stock Short Interest Report for September

Thunder Bridge Capital Partners V Ltd. (NASDAQ:TBCVU) saw a significant drop in short interest in September. As of September 30th, there was short interest totaling 7,912 shares, a drop of 40.0% from the September 15th total of 13,188 shares. Based on an average trading volume of 86,052 shares, the days-to-cover ratio is currently 0.1 days.

Thunder Bridge Capital Partners V Stock Performance

Shares of NASDAQ TBCVU traded up $0.02 during midday trading on Friday, reaching $9.93. 1,103 shares of the company’s stock were exchanged, compared to its average volume of 166,225. Thunder Bridge Capital Partners V has a 52-week low of $9.89 and a 52-week high of $10.08. The stock’s fifty day moving average price is $9.92.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Thunder Bridge Capital Partners V to a “hold” rating in a report on Saturday, September 5th.

About Thunder Bridge Capital Partners V

Thunder Bridge Capital Partners V, Inc is a blank-check company, also known as a special purpose acquisition company (SPAC). The company was formed to identify and complete a business combination, such as a merger, acquisition, stock purchase, or similar transaction, with one or more operating businesses.

Unlike an operating company, Thunder Bridge Capital Partners V does not currently provide products or services to customers. Its principal activities are evaluating potential target businesses, negotiating a transaction, and completing the related financing and regulatory processes.