Burtech Acquisition Corp. (NASDAQ:BRKHW) Short Interest Down 7.3% in June

Burtech Acquisition Corp. (NASDAQ:BRKHW) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totalling 123,100 shares, a decrease of 7.3% from the May 31st total of 132,800 shares. Based on an average trading volume of 127,400 shares, the days-to-cover ratio is currently 1.0 days.

Burtech Acquisition Price Performance

BRKHW stock traded down $0.00 during mid-day trading on Wednesday, reaching $0.28. 273 shares of the stock traded hands, compared to its average volume of 108,235. Burtech Acquisition has a 52-week low of $0.01 and a 52-week high of $0.30. The stock’s fifty day moving average is $0.26 and its 200-day moving average is $0.18.

Burtech Acquisition Company Profile

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.