Better Home & Finance Holding (NASDAQ:BETR) Short Interest Update

Better Home & Finance Holding (NASDAQ:BETR) saw a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 161,300 shares, a growth of 28.6% from the March 15th total of 125,400 shares. Based on an average daily trading volume, of 44,500 shares, the days-to-cover ratio is presently 3.6 days. Currently, 3.1% of the shares of the stock are short sold.

Better Home & Finance Price Performance

NASDAQ BETR traded down $0.93 on Monday, reaching $13.36. 10,291 shares of the company’s stock traded hands, compared to its average volume of 47,785. The company has a debt-to-equity ratio of 12.43, a current ratio of 0.84 and a quick ratio of 0.84. Better Home & Finance has a 12 month low of $7.71 and a 12 month high of $30.00. The stock has a 50-day simple moving average of $11.39 and a 200 day simple moving average of $12.05. The stock has a market cap of $202.67 million, a PE ratio of -0.99 and a beta of 1.73.

Better Home & Finance (NASDAQ:BETR) last announced its quarterly earnings data on Tuesday, March 18th. The company reported ($2.81) earnings per share (EPS) for the quarter. The company had revenue of $24.98 million for the quarter. Better Home & Finance had a negative net margin of 187.29% and a negative return on equity of 300.92%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Better Home & Finance stock. Brooklyn FI LLC bought a new position in shares of Better Home & Finance Holding (NASDAQ:BETR) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 235,712 shares of the company’s stock, valued at approximately $2,103,000. Brooklyn FI LLC owned 1.56% of Better Home & Finance at the end of the most recent quarter. Institutional investors own 20.94% of the company’s stock.

About Better Home & Finance

Better Home & Finance Holding Co engages in the provision of comprehensive homeownership services. It offers mortgage loans, real estate agent services, and title and homeowner’s insurance services. The company was founded in 2014 and is headquartered in New York, NY.