Short Interest in Better Home & Finance Holding (NASDAQ:BETR) Increases By 25.9%

Better Home & Finance Holding (NASDAQ:BETR) was the target of a large growth in short interest in September. As of September 30th, there was short interest totalling 169,400 shares, a growth of 25.9% from the September 15th total of 134,500 shares. Based on an average trading volume of 34,000 shares, the days-to-cover ratio is currently 5.0 days. Approximately 3.2% of the company’s stock are short sold.

Better Home & Finance Stock Performance

Shares of BETR traded down 0.63 during midday trading on Monday, hitting 15.41. 47,400 shares of the company’s stock traded hands, compared to its average volume of 27,006. The firm’s fifty day moving average is 13.88 and its 200-day moving average is 5.17. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.96 and a current ratio of 0.96. Better Home & Finance has a 1 year low of 14.20 and a 1 year high of 45.49.

Better Home & Finance (NASDAQ:BETR) last posted its quarterly earnings results on Tuesday, August 13th. The company reported -2.50 earnings per share for the quarter. The firm had revenue of 32.26 million for the quarter. Better Home & Finance had a negative net margin of 609.77% and a negative return on equity of 225.59%.

Better Home & Finance Company Profile

Better Home & Finance Holding Company operates as a homeownership company in the United States. The company provides government-sponsored enterprise (GSE) conforming loans, U.S. Federal Housing Administration insured loans, U.S. Department of Veterans Affairs guaranteed loans, and jumbo loans to GSEs, banks, insurance companies, asset managers, and mortgage real estate investment trusts.