Better Choice (NASDAQ:BTTR) Trading Down 2.2%

Better Choice Company Inc. (NASDAQ:BTTR)’s share price fell 2.2% on Wednesday . The company traded as low as $6.81 and last traded at $7.01. 11,825 shares changed hands during mid-day trading, a decline of 95% from the average session volume of 215,087 shares. The stock had previously closed at $7.17.

Better Choice Price Performance

The stock has a fifty day moving average of $6.75 and a two-hundred day moving average of $9.61.

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Better Choice stock. Cantor Fitzgerald L. P. bought a new position in shares of Better Choice Company Inc. (NASDAQ:BTTR) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 95,000 shares of the company’s stock, valued at approximately $26,000. Cantor Fitzgerald L. P. owned about 0.30% of Better Choice as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 12.64% of the company’s stock.

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.