Better Choice (NASDAQ:BTTR) Shares Down 3.7%

Better Choice Company Inc. (NASDAQ:BTTR)’s share price dropped 3.7% during trading on Thursday . The company traded as low as $6.55 and last traded at $6.57. Approximately 5,199 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 212,567 shares. The stock had previously closed at $6.82.

Better Choice Stock Down 2.4 %

The business’s fifty day simple moving average is $6.67 and its 200 day simple moving average is $9.61.

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

Hedge Funds Weigh In On Better Choice

An institutional investor recently raised its position in Better Choice stock. Callan Capital LLC grew its position in shares of Better Choice Company Inc. (NASDAQ:BTTR) by 69.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 243,306 shares of the company’s stock after acquiring an additional 100,000 shares during the quarter. Callan Capital LLC owned about 0.76% of Better Choice worth $30,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 12.64% of the company’s stock.

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.