Better Choice (NASDAQ:BTTR) Trading Down 1.1%

Shares of Better Choice Company Inc. (NASDAQ:BTTR) were down 1.1% during mid-day trading on Tuesday . The company traded as low as $6.10 and last traded at $6.11. Approximately 5,784 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 205,546 shares. The stock had previously closed at $6.18.

Better Choice Trading Down 3.4 %

The firm has a 50-day moving average of $6.51 and a 200 day moving average of $9.59.

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 return on equity of 95.23% and a negative net margin of 59.00%.

Hedge Funds Weigh In On Better Choice

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 the company in its most recent disclosure with the SEC. The firm 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 SEC filing. 12.64% of the stock is currently owned by hedge funds and other institutional investors.

Better Choice Company Profile

Better Choice Company Inc operates as a pet 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, and chews.