Thunder Bridge Capital Partners V Ltd. (NASDAQ:TBCVU – Get Free Report) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 5,183 shares, a growth of 410.6% from the August 15th total of 1,015 shares. Based on an average trading volume of 291,770 shares, the days-to-cover ratio is presently 0.0 days.
Thunder Bridge Capital Partners V Stock Performance
Thunder Bridge Capital Partners V stock traded up $0.01 during mid-day trading on Friday, reaching $9.94. The company had a trading volume of 8,165 shares, compared to its average volume of 239,687. Thunder Bridge Capital Partners V has a fifty-two week low of $9.89 and a fifty-two week high of $9.95.
Analysts Set New Price Targets
Separately, Wall Street Zen raised 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 special purpose acquisition company (SPAC) incorporated to identify and complete a business combination with one or more private companies. Its potential transactions may include a merger, capital stock exchange, asset acquisition, reorganization or similar corporate combination.
As a SPAC, Thunder Bridge Capital Partners V does not operate a traditional business and does not offer products or services to customers. Its primary activities are evaluating potential acquisition targets, negotiating a transaction and seeking approval from its stockholders.
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