Burtech Acquisition Corp. (NASDAQ:BRKH – Get Free Report) was the recipient of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 636 shares, a decline of 56.4% from the August 31st total of 1,460 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 19,357 shares, the short-interest ratio is currently 0.0 days.
Burtech Acquisition Stock Up 0.2%
NASDAQ:BRKH opened at $10.04 on Wednesday. Burtech Acquisition has a one year low of $9.80 and a one year high of $11.04. The stock has a 50 day moving average price of $9.98 and a 200 day moving average price of $5.09.
Burtech Acquisition Company Profile
BurTech Acquisition Corp. (NASDAQ: BRKH) was a special purpose acquisition company (SPAC) formed to identify and complete a merger, capital stock exchange, asset acquisition, or similar business combination with one or more operating companies. As a SPAC, its primary activities were pursuing a transaction and raising capital for that purpose rather than developing or selling products and services of its own.
BurTech announced a proposed business combination with Blaize, Inc, an artificial intelligence technology company focused on edge computing.
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