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

Burtech Acquisition Corp. (NASDAQ:BRKHW) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totalling 41,200 shares, a decrease of 28.3% from the September 15th total of 57,500 shares. Based on an average trading volume of 59,400 shares, the days-to-cover ratio is presently 0.7 days.

Burtech Acquisition Price Performance

Shares of Burtech Acquisition stock remained flat at $0.19 during trading hours on Friday. 21,767 shares of the stock were exchanged, compared to its average volume of 90,638. Burtech Acquisition has a 12-month low of $0.01 and a 12-month high of $0.30. The business’s 50 day simple moving average is $0.21 and its 200 day simple moving average is $0.24.

About Burtech Acquisition

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.