Better Home & Finance Holding (NASDAQ:BETRW – Get Free Report) was the recipient of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 7,295 shares, a drop of 47.0% from the May 14th total of 13,753 shares. Based on an average daily volume of 21,053 shares, the days-to-cover ratio is currently 0.3 days.
Better Home & Finance Price Performance
Shares of NASDAQ:BETRW traded up $0.03 during midday trading on Friday, hitting $0.19. The company had a trading volume of 503 shares, compared to its average volume of 17,228. Better Home & Finance has a twelve month low of $0.10 and a twelve month high of $1.54. The business’s 50-day simple moving average is $0.23 and its 200-day simple moving average is $0.24.
About Better Home & Finance
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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