Short Interest in Burtech Acquisition Corp. (NASDAQ:BRKHW) Expands By 39.0%

Burtech Acquisition Corp. (NASDAQ:BRKHW) was the recipient of a large growth in short interest during 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 short-interest ratio is presently 0.2 days.

Burtech Acquisition Stock Performance

Burtech Acquisition stock remained flat at $0.32 during trading on Monday. The company had a trading volume of 45,612 shares, compared to its average volume of 102,041. The company’s 50-day moving average price is $0.22 and its 200 day moving average price is $0.23. Burtech Acquisition has a fifty-two week low of $0.05 and a fifty-two week 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.