Burtech Acquisition Corp. (NASDAQ:BRKHW) Short Interest Up 39.0% in December

Burtech Acquisition Corp. (NASDAQ:BRKHW) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 25,300 shares, a growth of 39.0% from the November 30th total of 18,200 shares. Based on an average daily trading volume, of 118,000 shares, the days-to-cover ratio is presently 0.2 days.

Burtech Acquisition Stock Performance

BRKHW stock traded down $0.01 during trading on Friday, hitting $0.32. The company had a trading volume of 62,077 shares, compared to its average volume of 102,271. The business has a 50-day moving average of $0.22 and a 200-day moving average of $0.23. Burtech Acquisition has a one year low of $0.05 and a one year high of $0.40.

Burtech Acquisition Company Profile

BurTech Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus its search for target in the retail, lifestyle, hospitality, technology, and real estate markets.