Better Home & Finance Holding (NASDAQ:BETRW – Get Free Report) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 11,415 shares, an increase of 104.5% from the July 30th total of 5,583 shares. Based on an average trading volume of 10,800 shares, the days-to-cover ratio is currently 1.1 days.
Better Home & Finance Stock Performance
BETRW opened at $0.11 on Friday. The firm’s 50-day moving average price is $0.16 and its 200-day moving average price is $0.20. Better Home & Finance has a 52-week low of $0.08 and a 52-week 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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