Better Home & Finance Holding (NASDAQ:BETRW – Get Free Report) was the target of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 11,415 shares, a growth of 104.5% from the July 30th total of 5,583 shares. Based on an average daily volume of 10,800 shares, the short-interest ratio is presently 1.1 days.
Better Home & Finance Stock Performance
NASDAQ:BETRW remained flat at $0.11 during mid-day trading on Friday. The firm’s 50 day moving average is $0.16 and its two-hundred day moving average is $0.20. Better Home & Finance has a one year low of $0.08 and a one year high of $1.54.
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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