Burtech Acquisition Corp. (NASDAQ:BRKH – Get Rating) saw a large drop in short interest during the month of January. As of January 31st, there was short interest totalling 200 shares, a drop of 33.3% from the January 15th total of 300 shares. Based on an average daily volume of 231,900 shares, the days-to-cover ratio is currently 0.0 days.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the business. Flow Traders U.S. LLC bought a new position in shares of Burtech Acquisition in the 3rd quarter valued at about $110,000. State Street Corp bought a new position in shares of Burtech Acquisition in the 2nd quarter valued at about $162,000. OTA Financial Group L.P. bought a new position in shares of Burtech Acquisition in the 4th quarter valued at about $200,000. Bank of Montreal Can bought a new position in shares of Burtech Acquisition in the 1st quarter valued at about $218,000. Finally, Ergoteles LLC bought a new position in shares of Burtech Acquisition in the 3rd quarter valued at about $243,000. Institutional investors own 50.37% of the company's stock.
Get Burtech Acquisition alerts:Burtech Acquisition Price Performance
Shares of NASDAQ BRKH opened at $10.27 on Friday. Burtech Acquisition has a 1 year low of $9.82 and a 1 year high of $10.70. The firm's 50-day moving average is $10.22 and its 200-day moving average is $10.09.
Burtech Acquisition Company Profile
(Get Rating)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.
See Also
- Get a free copy of the StockNews.com research report on Burtech Acquisition (BRKH)
- MarketBeat Week in Review – 2/6 – 2/10
- Will Snowflake Have Tough Sledding, Trying To Keep Rally Alive?
- The Bottom Is In For Cloudflare Stock
- 3 Tickers Leading a Meme Stock Revival
- Microsoft-Activision Blizzard Merger: Navigating Risk and Reward
Receive News & Ratings for Burtech Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Burtech Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.