Decarbonization Plus Acquisition Co. IV (NASDAQ:DCRD) Trading Up 2.1%

Decarbonization Plus Acquisition Co. IV (NASDAQ:DCRD) shares were up 2.1% on Friday . The company traded as high as $15.00 and last traded at $14.99. Approximately 17,310 shares changed hands during trading, a decline of 91% from the average daily volume of 192,100 shares. The stock had previously closed at $14.68.

Decarbonization Plus Acquisition Co. IV Stock Performance

The firm’s 50 day moving average is $12.66 and its 200-day moving average is $10.19.

Institutional Investors Weigh In On Decarbonization Plus Acquisition Co. IV

A number of large investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. lifted its position in Decarbonization Plus Acquisition Co. IV by 1.3% during the fourth quarter. JPMorgan Chase & Co. now owns 400,000 shares of the company’s stock worth $4,086,000 after buying an additional 5,000 shares in the last quarter. Centiva Capital LP purchased a new position in shares of Decarbonization Plus Acquisition Co. IV during the 4th quarter worth $144,000. Citigroup Inc. purchased a new position in shares of Decarbonization Plus Acquisition Co. IV during the 1st quarter worth $250,000. Bank of America Corp DE boosted its position in shares of Decarbonization Plus Acquisition Co. IV by 5.0% during the 1st quarter. Bank of America Corp DE now owns 946,312 shares of the company’s stock valued at $9,406,000 after acquiring an additional 45,000 shares during the last quarter. Finally, Virtu Financial LLC purchased a new stake in shares of Decarbonization Plus Acquisition Co. IV in the fourth quarter valued at about $1,149,000. 78.80% of the stock is currently owned by hedge funds and other institutional investors.

Decarbonization Plus Acquisition Co. IV Company Profile

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.