Short Interest in Thunder Bridge Capital Partners V Ltd. (NASDAQ:TBCVU) Expands By 410.6%

Thunder Bridge Capital Partners V Ltd. (NASDAQ:TBCVU) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 5,183 shares, an increase of 410.6% from the August 15th total of 1,015 shares. Based on an average daily volume of 291,770 shares, the short-interest ratio is presently 0.0 days.

Analysts Set New Price Targets

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

Thunder Bridge Capital Partners V Stock Performance

Shares of Thunder Bridge Capital Partners V stock traded up $0.01 during trading on Friday, reaching $9.94. 8,165 shares of the stock traded hands, compared to its average volume of 239,687. Thunder Bridge Capital Partners V has a 52-week low of $9.89 and a 52-week high of $9.95.

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.