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

Burtech Acquisition Corp. (NASDAQ:BRKHW) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 25,300 shares, a growth of 39.0% from the November 30th total of 18,200 shares. Based on an average daily volume of 118,000 shares, the days-to-cover ratio is presently 0.2 days.

Burtech Acquisition Stock Down 3.0 %

Shares of NASDAQ:BRKHW traded down $0.01 during midday trading on Friday, reaching $0.32. The company had a trading volume of 62,077 shares, compared to its average volume of 102,271. The stock’s fifty day moving average price is $0.22 and its 200-day moving average price is $0.23. Burtech Acquisition has a one year low of $0.05 and a one year high of $0.40.

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.