Burtech Acquisition Corp. (NASDAQ:BRKHW) Sees Large Drop in Short Interest

Burtech Acquisition Corp. (NASDAQ:BRKHW) was the target of a significant decrease in short interest in October. As of October 31st, there was short interest totalling 12,700 shares, a decrease of 68.5% from the October 15th total of 40,300 shares. Based on an average trading volume of 58,300 shares, the short-interest ratio is presently 0.2 days.

Burtech Acquisition Trading Down 6.6 %

Burtech Acquisition stock traded down $0.01 during trading hours on Thursday, reaching $0.11. 140,300 shares of the stock were exchanged, compared to its average volume of 88,957. Burtech Acquisition has a twelve month low of $0.01 and a twelve month high of $0.30. The stock has a 50 day moving average of $0.19 and a two-hundred day moving average of $0.23.

Burtech Acquisition Company Profile

BurTech Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus its search for target in the retail, lifestyle, hospitality, technology, and real estate markets.