Burtech Acquisition Corp. (NASDAQ:BRKHW) Short Interest Update

Burtech Acquisition Corp. (NASDAQ:BRKHW) was the target 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 short-interest ratio is currently 0.2 days.

Burtech Acquisition Price Performance

Shares of NASDAQ:BRKHW traded down $0.01 during trading on Friday, reaching $0.32. 62,077 shares of the company’s stock traded hands, compared to its average volume of 102,271. Burtech Acquisition has a 12 month low of $0.05 and a 12 month high of $0.40. The company has a 50 day moving average of $0.22 and a 200-day moving average 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.