Extract Even Bits Only from 32-bit Register

#include <stdio.h>
#include <stdint.h>

uint32_t extract_even_bits(uint32_t reg) {
    uint16_t res = 0;
    for(int i = 0; i < 16; i++) {
        res = res | ((reg & 0x1) << i);
        reg >>= 2;
    }
    return res;
}

int main() {
    uint32_t reg;
    scanf("%u", &reg);
    printf("%u", extract_even_bits(reg));
    return 0;
}

Solving Approach