Short Interest in Better Home & Finance Holding (NASDAQ:BETR) Drops By 11.4%

Better Home & Finance Holding (NASDAQ:BETR) saw a significant drop in short interest in October. As of October 15th, there was short interest totalling 150,100 shares, a drop of 11.4% from the September 30th total of 169,400 shares. Approximately 2.9% of the shares of the company are short sold. Based on an average trading volume of 37,400 shares, the days-to-cover ratio is currently 4.0 days.

Better Home & Finance Price Performance

BETR traded down 0.46 during trading on Tuesday, hitting 15.70. The company’s stock had a trading volume of 9,768 shares, compared to its average volume of 27,854. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.61. Better Home & Finance has a twelve month low of 14.20 and a twelve month high of 45.49. The business’s fifty day simple moving average is 16.74 and its 200 day simple moving average is 6.31.

Better Home & Finance (NASDAQ:BETR) last posted its earnings results on Tuesday, August 13th. The company reported -2.50 EPS for the quarter. Better Home & Finance had a negative net margin of 609.77% and a negative return on equity of 225.59%. The business had revenue of 32.26 million during the quarter.

About Better Home & Finance

Better Home & Finance Holding Company operates as a homeownership company in the United States. The company provides government-sponsored enterprise (GSE) conforming loans, U.S. Federal Housing Administration insured loans, U.S. Department of Veterans Affairs guaranteed loans, and jumbo loans to GSEs, banks, insurance companies, asset managers, and mortgage real estate investment trusts.