Burtech Acquisition Corp. (NASDAQ:BRKHW) Sees Large Increase in Short Interest

Burtech Acquisition Corp. (NASDAQ:BRKHW) was the recipient of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 19,200 shares, an increase of 51.2% from the October 31st total of 12,700 shares. Based on an average daily trading volume, of 81,500 shares, the short-interest ratio is presently 0.2 days.

Burtech Acquisition Stock Down 2.2 %

Shares of Burtech Acquisition stock traded down $0.01 on Friday, reaching $0.22. The stock had a trading volume of 87,269 shares, compared to its average volume of 94,841. Burtech Acquisition has a 1 year low of $0.01 and a 1 year high of $0.30. The company has a 50 day moving average price of $0.18 and a 200 day moving average price of $0.23.

About Burtech Acquisition

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.