B&R Technology Merger Corp. (NASDAQ:BRTM) Shares Shorted: Short Interest Up 296.2% in October

B&R Technology Merger Corp. (NASDAQ:BRTM) was the target of a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 103 shares, a growth of 296.2% from the October 15th total of 26 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 8,206 shares, the days-to-cover ratio is currently 0.0 days.

B&R Technology Merger Price Performance

Shares of NASDAQ:BRTM remained flat at $9.78 during trading on Friday. 237,805 shares of the stock traded hands, compared to its average volume of 126,620. B&R Technology Merger has a 52-week low of $9.76 and a 52-week high of $10.24.

B&R Technology Merger (NASDAQ:BRTM) last posted its earnings results on Thursday, November 12th. The company reported $0.06 earnings per share (EPS) for the quarter.

B&R Technology Merger Company Profile

B&R Technology Merger Corp. is a special purpose acquisition company (SPAC) listed on the Nasdaq under the symbol BRTM. The company was formed to pursue a business combination, such as a merger, acquisition, share exchange, or similar transaction, with one or more operating businesses. As a SPAC, B&R Technology Merger Corp. does not appear to have established operating products, services, or a commercial business of its own. Its activities are primarily focused on identifying and completing a transaction with a target company, after which the combined business may operate under a different corporate structure and name.