Short Interest in Burtech Acquisition Corp. (NASDAQ:BRKHW) Drops By 13.1%

Burtech Acquisition Corp. (NASDAQ:BRKHW) was the target of a significant drop in short interest in September. As of September 15th, there was short interest totalling 57,500 shares, a drop of 13.1% from the August 31st total of 66,200 shares. Based on an average daily volume of 58,400 shares, the short-interest ratio is presently 1.0 days.

Burtech Acquisition Stock Performance

BRKHW stock traded down $0.02 during trading on Friday, hitting $0.17. The company had a trading volume of 170,873 shares, compared to its average volume of 94,571. The firm has a 50-day moving average price of $0.23 and a 200-day moving average price of $0.23. Burtech Acquisition has a 12 month low of $0.01 and a 12 month high of $0.30.

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.