Thunder Bridge Capital Partners V Ltd. (NASDAQ:TBCVU – Get Free Report) saw a significant decrease in short interest in September. As of September 30th, there was short interest totaling 7,912 shares, a decrease of 40.0% from the September 15th total of 13,188 shares. Based on an average daily volume of 86,052 shares, the short-interest ratio is presently 0.1 days.
Thunder Bridge Capital Partners V Stock Performance
Shares of NASDAQ:TBCVU opened at $9.91 on Thursday. The company’s fifty day moving average is $9.92. Thunder Bridge Capital Partners V has a one year low of $9.89 and a one year high of $10.08.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen upgraded shares of Thunder Bridge Capital Partners V to a “hold” rating in a research report on Saturday, September 5th.
Thunder Bridge Capital Partners V Company Profile
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.
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