Thunder Bridge Capital Partners V Ltd. (NASDAQ:TBCVU) Stock Short Interest Falls 40.0%

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 short-interest ratio is currently 0.1 days.

Wall Street Analyst Weigh In

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

Thunder Bridge Capital Partners V Stock Performance

NASDAQ:TBCVU traded up $0.02 during midday trading on Friday, hitting $9.93. 1,103 shares of the company traded hands, compared to its average volume of 166,225. The firm has a fifty day moving average price of $9.92. Thunder Bridge Capital Partners V has a 12-month low of $9.89 and a 12-month high of $10.08.

Thunder Bridge Capital Partners V Company Profile

Thunder Bridge Capital Partners V is a special purpose acquisition company (SPAC) that was formed to identify and complete a business combination with an operating company. Potential transactions may include a merger, capital stock exchange, asset acquisition, reorganization or similar corporate combination.

The company does not operate a commercial business of its own and therefore does not currently offer products or services to customers. Its activities are focused on raising capital, evaluating potential target businesses and completing an initial business combination.

Thunder Bridge Capital Partners V has not publicly identified a specific acquisition target or operating geography.