Better Choice (NASDAQ:BTTR) Stock Price Up 1.1%

Better Choice Company Inc. (NASDAQ:BTTR)’s share price rose 1.1% on Monday . The stock traded as high as $6.34 and last traded at $6.32. Approximately 29,561 shares were traded during mid-day trading, a decline of 86% from the average daily volume of 218,856 shares. The stock had previously closed at $6.25.

Better Choice Stock Up 12.9 %

The firm’s 50 day moving average price is $6.88 and its two-hundred day moving average price is $9.65.

Better Choice (NASDAQ:BTTR) last posted its quarterly earnings results on Friday, April 12th. The company reported ($6.51) earnings per share for the quarter. The firm had revenue of $5.70 million during the quarter. Better Choice had a negative net margin of 59.00% and a negative return on equity of 95.23%.

Institutional Investors Weigh In On Better Choice

An institutional investor recently raised its position in Better Choice stock. Callan Capital LLC boosted its holdings in shares of Better Choice Company Inc. (NASDAQ:BTTR) by 69.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 243,306 shares of the company’s stock after buying an additional 100,000 shares during the quarter. Callan Capital LLC owned 0.76% of Better Choice worth $30,000 as of its most recent SEC filing. 12.64% of the stock is owned by institutional investors and hedge funds.

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.