Burtech Acquisition Corp. (NASDAQ:BRKHW – Get Rating) saw a significant growth in short interest in July. As of July 31st, there was short interest totalling 28,000 shares, a growth of 25.6% from the July 15th total of 22,300 shares. Based on an average daily volume of 20,600 shares, the short-interest ratio is currently 1.4 days.
Burtech Acquisition Price Performance
Shares of BRKHW stock remained flat at $0.08 during trading hours on Friday. 321 shares of the stock were exchanged, compared to its average volume of 104,609. Burtech Acquisition has a 12 month low of $0.07 and a 12 month high of $0.25. The company has a fifty day simple moving average of $0.09.
Get Burtech Acquisition alerts:Hedge Funds Weigh In On Burtech Acquisition
A number of large investors have recently modified their holdings of BRKHW. Radcliffe Capital Management L.P. bought a new stake in shares of Burtech Acquisition during the first quarter worth approximately $1,484,000. Verition Fund Management LLC bought a new stake in shares of Burtech Acquisition during the first quarter worth approximately $30,000. Clear Street LLC bought a new stake in shares of Burtech Acquisition during the first quarter worth approximately $33,000. Walleye Capital LLC bought a new stake in shares of Burtech Acquisition during the first quarter worth approximately $35,000. Finally, Q Global Advisors LLC bought a new stake in shares of Burtech Acquisition during the first quarter worth approximately $38,000.
About Burtech Acquisition
(Get Rating)Burtech Acquisition Corp. focuses to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in technology industry in the Americas. The company was founded in 2021 and is based in Washington, District of Columbia.
See Also
- Get a free copy of the StockNews.com research report on Burtech Acquisition (BRKHW)
- 2 Important Retail Stock Battles to Watch
- MarketBeat: Week in Review 8/8 – 8/12
- What Is WallStreetBets and What Stocks Are They Targeting?
- Institutions And Analysts Propel Jack In The Box Higher
- Can You Guess Which EV Stock Is Beating Tesla ?
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.