Burtech Acquisition Corp. (NASDAQ:BRKHW) Short Interest Down 13.1% in September

Burtech Acquisition Corp. (NASDAQ:BRKHW) saw a large drop in short interest in the month of 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 trading volume of 58,400 shares, the short-interest ratio is currently 1.0 days.

Burtech Acquisition Price Performance

Shares of BRKHW stock traded down $0.02 during trading hours on Friday, hitting $0.17. 170,873 shares of the company’s stock traded hands, compared to its average volume of 94,571. The stock’s fifty day simple moving average is $0.23 and its two-hundred day simple moving average is $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.