Better Home & Finance Holding (NASDAQ:BETR) Short Interest Up 28.6% in March

Better Home & Finance Holding (NASDAQ:BETR - Get Free Report) was the recipient of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 161,300 shares, a growth of 28.6% from the March 15th total of 125,400 shares. Based on an average daily trading volume, of 44,500 shares, the days-to-cover ratio is currently 3.6 days. Approximately 3.1% of the shares of the company are short sold.

Institutional Investors Weigh In On Better Home & Finance

A hedge fund recently bought a new stake in Better Home & Finance stock. Brooklyn FI LLC bought a new position in Better Home & Finance Holding (NASDAQ:BETR - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 235,712 shares of the company's stock, valued at approximately $2,103,000. Brooklyn FI LLC owned approximately 1.56% of Better Home & Finance as of its most recent SEC filing. Institutional investors and hedge funds own 20.94% of the company's stock.

Better Home & Finance Price Performance

Better Home & Finance stock traded up $1.14 during trading hours on Friday, hitting $14.29. 66,905 shares of the stock were exchanged, compared to its average volume of 48,304. The company has a debt-to-equity ratio of 12.43, a quick ratio of 0.84 and a current ratio of 0.84. The stock has a market capitalization of $216.78 million, a P/E ratio of -1.06 and a beta of 1.73. Better Home & Finance has a 12 month low of $7.71 and a 12 month high of $30.00. The business's 50-day moving average is $11.39 and its two-hundred day moving average is $12.10.

Better Home & Finance (NASDAQ:BETR - Get Free Report) last announced its quarterly earnings results on Tuesday, March 18th. The company reported ($2.81) earnings per share (EPS) for the quarter. Better Home & Finance had a negative net margin of 187.29% and a negative return on equity of 300.92%. The firm had revenue of $24.98 million during the quarter.

About Better Home & Finance

Better Home & Finance Holding Co engages in the provision of comprehensive homeownership services. It offers mortgage loans, real estate agent services, and title and homeowner's insurance services. The company was founded in 2014 and is headquartered in New York, NY.

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