Better Choice (NASDAQ:BTTR) Shares Up 4.7%

Shares of Better Choice Company Inc. (NASDAQ:BTTR) were up 4.7% during mid-day trading on Tuesday . The company traded as high as $6.65 and last traded at $6.65. Approximately 17,968 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 216,740 shares. The stock had previously closed at $6.35.

Better Choice Stock Up 11.8 %

The company has a market cap of $6.32 million, a P/E ratio of -0.22 and a beta of 0.53. The company has a fifty day moving average of $6.93 and a 200 day moving average of $9.64.

Better Choice (NASDAQ:BTTR) last released its quarterly earnings results on Friday, April 12th. The company reported ($6.51) earnings per share (EPS) for the quarter. The firm had revenue of $5.70 million for the quarter. Better Choice had a negative net margin of 59.00% and a negative return on equity of 95.23%.

Hedge Funds Weigh In On Better Choice

A hedge fund recently raised its stake in Better Choice stock. Callan Capital LLC raised its position in shares of Better Choice Company Inc. (NASDAQ:BTTR) by 69.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 243,306 shares of the company’s stock after purchasing an additional 100,000 shares during the quarter. Callan Capital LLC owned 0.76% of Better Choice worth $30,000 as of its most recent SEC filing. 12.64% of the stock is owned by institutional investors and hedge funds.

About Better Choice

Better Choice Company Inc operates as an animal health and wellness company. Its products portfolio includes naturally formulated kibble and canned dog and cat foods, freeze-dried raw dog foods and treats, vegan dog foods and treats, oral care products and supplements, as well as toppers, dental products, chews, and grooming products.