Better Choice (NASDAQ:BTTR) Stock Price Down 0.4%

Better Choice Company Inc. (NASDAQ:BTTR)’s stock price traded down 0.4% on Tuesday . The company traded as low as $7.11 and last traded at $7.51. 20,006 shares changed hands during mid-day trading, a decline of 20% from the average session volume of 25,087 shares. The stock had previously closed at $7.54.

Better Choice Price Performance

The company has a debt-to-equity ratio of 0.18, a current ratio of 1.59 and a quick ratio of 1.02. The business has a fifty day moving average of $8.36 and a 200 day moving average of $9.63. The stock has a market cap of $4.70 million, a PE ratio of -0.13 and a beta of 0.55.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in BTTR. State Street Corp grew its holdings in Better Choice by 8.0% in the 1st quarter. State Street Corp now owns 72,658 shares of the company’s stock worth $185,000 after buying an additional 5,358 shares in the last quarter. Brown Brothers Harriman & Co. increased its holdings in shares of Better Choice by 873.4% during the first quarter. Brown Brothers Harriman & Co. now owns 48,669 shares of the company’s stock valued at $124,000 after purchasing an additional 43,669 shares during the period. Vanguard Group Inc. raised its stake in shares of Better Choice by 12.7% during the first quarter. Vanguard Group Inc. now owns 529,027 shares of the company’s stock valued at $1,349,000 after purchasing an additional 59,468 shares in the last quarter. Cantor Fitzgerald L. P. acquired a new stake in Better Choice in the fourth quarter worth about $26,000. Finally, Callan Capital LLC increased its stake in Better Choice by 69.8% during the 3rd quarter. Callan Capital LLC now owns 243,306 shares of the company’s stock valued at $30,000 after buying an additional 100,000 shares during the period. 12.64% of the stock is currently owned by institutional investors.

Better Choice Company Profile

Better Choice Company Inc operates as an animal health and wellness company. Its products portfolio includes naturally formulated kibble and canned dog and cat foods, freeze-dried raw dog foods and treats, vegan dog foods and treats, oral care products and supplements, as well as toppers, dental products, chews, and grooming products.