Better Home & Finance Holding (NASDAQ:BETRW) Sees Significant Growth in Short Interest

Better Home & Finance Holding (NASDAQ:BETRW) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 11,188 shares, an increase of 78.9% from the December 31st total of 6,253 shares. Based on an average daily volume of 14,419 shares, the short-interest ratio is presently 0.8 days. Based on an average daily volume of 14,419 shares, the short-interest ratio is presently 0.8 days.

Better Home & Finance Price Performance

Shares of Better Home & Finance stock traded up $0.00 during trading on Friday, hitting $0.19. 892 shares of the stock traded hands, compared to its average volume of 14,565. The firm’s fifty day moving average is $0.26 and its 200-day moving average is $0.32. Better Home & Finance has a 52 week low of $0.04 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.