Better Home & Finance Holding (NASDAQ:BETR) Short Interest Up 28.6% in March

Better Home & Finance Holding (NASDAQ:BETR) was the recipient of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 161,300 shares, a growth of 28.6% from the March 15th total of 125,400 shares. Approximately 3.1% of the company’s stock are short sold. Based on an average daily volume of 44,500 shares, the days-to-cover ratio is currently 3.6 days.

Hedge Funds Weigh In On Better Home & Finance

A hedge fund recently bought a new stake in Better Home & Finance stock. Brooklyn FI LLC bought a new position in shares of Better Home & Finance Holding (NASDAQ:BETR) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 235,712 shares of the company’s stock, valued at approximately $2,103,000. Brooklyn FI LLC owned about 1.56% of Better Home & Finance at the end of the most recent reporting period. 20.94% of the stock is currently owned by hedge funds and other institutional investors.

Better Home & Finance Stock Up 8.7 %

BETR stock traded up $1.14 during trading on Friday, reaching $14.29. 66,905 shares of the company traded hands, compared to its average volume of 48,304. The company has a market capitalization of $216.78 million, a price-to-earnings ratio of -1.06 and a beta of 1.73. The company has a debt-to-equity ratio of 12.43, a quick ratio of 0.84 and a current ratio of 0.84. The business has a 50 day simple moving average of $11.39 and a 200 day simple moving average of $12.07. Better Home & Finance has a 12 month low of $7.71 and a 12 month high of $30.00.

Better Home & Finance (NASDAQ:BETR) last released its quarterly earnings results on Tuesday, March 18th. The company reported ($2.81) earnings per share for the quarter. The firm had revenue of $24.98 million during the quarter. Better Home & Finance had a negative net margin of 187.29% and a negative return on equity of 300.92%.

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.