Burtech Acquisition Corp. (NASDAQ:BRKHW) Sees Significant Growth in Short Interest

Burtech Acquisition Corp. (NASDAQ:BRKHW) saw a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 148,100 shares, a growth of 11.6% from the March 31st total of 132,700 shares. Based on an average daily volume of 74,300 shares, the short-interest ratio is currently 2.0 days.

Burtech Acquisition Stock Performance

Burtech Acquisition stock traded up $0.03 during mid-day trading on Monday, hitting $0.25. The company had a trading volume of 385,175 shares, compared to its average volume of 88,539. Burtech Acquisition has a 1 year low of $0.01 and a 1 year high of $0.28. The business has a fifty day moving average of $0.18 and a 200 day moving average of $0.10.

Burtech Acquisition Company Profile

Burtech Acquisition Corp. does not have significant operations. The company focuses to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire a business, which operates in the retail, lifestyle, hospitality, technology, and real estate markets.