Better Home & Finance Holding (NASDAQ:BETRW – Get Free Report) was the target of a large decrease in short interest in 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 volume of 21,053 shares, the days-to-cover ratio is presently 0.3 days.
Better Home & Finance Trading Up 12.4%
NASDAQ BETRW traded up $0.02 during trading hours on Monday, reaching $0.19. The company had a trading volume of 503 shares, compared to its average volume of 17,228. The stock has a 50-day moving average of $0.23 and a 200 day moving average of $0.24. Better Home & Finance has a 1-year low of $0.10 and a 1-year high of $1.54.
Better Home & Finance Company Profile
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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