Decarbonization Plus Acquisition Co. IV (NASDAQ:DCRD) Trading 5.3% Higher

Decarbonization Plus Acquisition Co. IV (NASDAQ:DCRD) shares were up 5.3% during mid-day trading on Tuesday . The company traded as high as $11.99 and last traded at $11.79. Approximately 82,426 shares traded hands during trading, a decline of 57% from the average daily volume of 192,100 shares. The stock had previously closed at $11.20.

Decarbonization Plus Acquisition Co. IV Stock Down 1.0 %

The company’s 50 day moving average price is $10.15 and its 200-day moving average price is $8.87.

Hedge Funds Weigh In On Decarbonization Plus Acquisition Co. IV

Several institutional investors have recently modified their holdings of the business. Centiva Capital LP purchased a new position in Decarbonization Plus Acquisition Co. IV in the fourth quarter worth $144,000. Landscape Capital Management L.L.C. bought a new stake in Decarbonization Plus Acquisition Co. IV in the fourth quarter worth about $204,000. Citigroup Inc. purchased a new position in Decarbonization Plus Acquisition Co. IV in the first quarter valued at about $250,000. Virtu Financial LLC purchased a new position in Decarbonization Plus Acquisition Co. IV in the fourth quarter valued at about $1,149,000. Finally, Radcliffe Capital Management L.P. bought a new position in shares of Decarbonization Plus Acquisition Co. IV during the 1st quarter valued at approximately $1,849,000. 78.80% of the stock is owned by institutional investors.

About Decarbonization Plus Acquisition Co. IV

Decarbonization Plus Acquisition Corporation IV does not have significant operations. It focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in energy and agriculture, industrials, transportation, and commercial and residential sectors.