Burtech Acquisition Corp. (NASDAQ:BRKHW) Short Interest Down 7.7% in July

Burtech Acquisition Corp. (NASDAQ:BRKHW) was the target of a large 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 volume of 53,100 shares, the days-to-cover ratio is presently 1.8 days.

Burtech Acquisition Trading Down 6.3 %

Shares of BRKHW opened at $0.22 on Monday. The business’s fifty day simple moving average is $0.26 and its two-hundred day simple moving average is $0.22. Burtech Acquisition has a 12 month low of $0.01 and a 12 month 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.