Burtech Acquisition Corp. (NASDAQ:BRKHW) Short Interest Update

Burtech Acquisition Corp. (NASDAQ:BRKHW) saw a significant drop in short interest in July. As of July 31st, there was short interest totalling 94,400 shares, a drop of 7.7% from the July 15th total of 102,300 shares. Based on an average daily trading volume, of 53,100 shares, the days-to-cover ratio is currently 1.8 days.

Burtech Acquisition Price Performance

Shares of Burtech Acquisition stock opened at $0.24 on Wednesday. The firm has a 50-day moving average of $0.26 and a 200-day moving average of $0.22. Burtech Acquisition has a 52-week low of $0.01 and a 52-week high of $0.30.

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.