Burtech Acquisition Corp. (NASDAQ:BRKH) Sees Large Increase in Short Interest

Burtech Acquisition Corp. (NASDAQ:BRKH) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 33 shares, an increase of 65.0% from the July 15th total of 20 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 37,812 shares, the short-interest ratio is presently 0.0 days.

Burtech Acquisition Trading Down 0.1%

Shares of Burtech Acquisition stock opened at $9.96 on Wednesday. Burtech Acquisition has a 52-week low of $9.80 and a 52-week high of $10.00. The company’s 50-day simple moving average is $6.16 and its 200-day simple moving average is $3.23.

About Burtech Acquisition

Burtech Acquisition Corp. does not have significant operations. The company focuses to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire a business, which operates in the retail, lifestyle, hospitality, technology, and real estate markets. Burtech Acquisition Corp. was incorporated in 2021 and is based in Washington, District of Columbia.