Burtech Acquisition Corp. (NASDAQ:BRKH) Short Interest Up 65.0% in July

Burtech Acquisition Corp. (NASDAQ:BRKH) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 33 shares, an increase of 65.0% from the July 15th total of 20 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 37,812 shares, the days-to-cover ratio is presently 0.0 days.

Burtech Acquisition Price Performance

Burtech Acquisition stock remained flat at $9.97 during trading hours on Tuesday. 207 shares of the company’s stock were exchanged, compared to its average volume of 80,228. Burtech Acquisition has a 12-month low of $9.80 and a 12-month high of $10.00. The stock has a fifty day moving average price of $6.00 and a 200 day moving average price of $3.18.

Burtech Acquisition Company Profile

Burtech Acquisition Corp. does not have significant operations. The company focuses to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire a business, which operates in the retail, lifestyle, hospitality, technology, and real estate markets. Burtech Acquisition Corp. was incorporated in 2021 and is based in Washington, District of Columbia.