Better Home & Finance Holding (NASDAQ:BETRW – Get Free Report) was the target of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 7,295 shares, a decrease of 47.0% from the May 14th total of 13,753 shares. Based on an average daily trading volume, of 21,053 shares, the days-to-cover ratio is presently 0.3 days.
Better Home & Finance Stock Performance
NASDAQ BETRW remained flat at $0.17 on Tuesday. The company had a trading volume of 1,504 shares, compared to its average volume of 17,079. The business has a 50-day moving average price of $0.23 and a two-hundred day moving average price of $0.24. Better Home & Finance has a twelve month low of $0.10 and a twelve month high of $1.54.
About Better Home & Finance
Better Home & Finance International Ltd. is a special purpose acquisition company (SPAC) incorporated in the Cayman Islands and listed on the Nasdaq under the ticker BETRW. The company was formed to identify and acquire one or more businesses, with a focus on consumer, retail, fintech and other internet-enabled sectors in the Asia-Pacific region. Better Home & Finance completed its initial public offering in May 2021, raising gross proceeds of approximately $100 million.
As a blank check company, Better Home & Finance has not yet begun commercial operations or generated revenue.
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