Better Home & Finance Holding (NASDAQ:BETR) Short Interest Down 12.5% in February

Better Home & Finance Holding (NASDAQ:BETR) was the recipient of a significant decrease in short interest in the month of February. As of February 15th, there was short interest totalling 129,600 shares, a decrease of 12.5% from the January 31st total of 148,100 shares. Approximately 2.7% of the shares of the stock are sold short. Based on an average daily volume of 38,900 shares, the short-interest ratio is presently 3.3 days.

Better Home & Finance Stock Down 0.7 %

Shares of BETR stock traded down $0.08 during mid-day trading on Thursday, hitting $10.80. 2,996 shares of the stock traded hands, compared to its average volume of 38,436. Better Home & Finance has a twelve month low of $7.71 and a twelve month high of $30.00. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 12.43. The company’s 50-day simple moving average is $10.36 and its 200-day simple moving average is $13.48.

Institutional Investors Weigh In On Better Home & Finance

A hedge fund recently bought a new stake in Better Home & Finance stock. Brooklyn FI LLC purchased a new position in Better Home & Finance Holding (NASDAQ:BETR) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 235,712 shares of the company’s stock, valued at approximately $2,103,000. Brooklyn FI LLC owned approximately 1.56% of Better Home & Finance at the end of the most recent quarter. Hedge funds and other institutional investors own 20.94% of the company’s stock.

About Better Home & Finance

Better Home & Finance Holding Co engages in the provision of comprehensive homeownership services. It offers mortgage loans, real estate agent services, and title and homeowner’s insurance services. The company was founded in 2014 and is headquartered in New York, NY.