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Burtech Acquisition (NASDAQ:BRKH) Stock Price Up 0% - Still a Buy?

Burtech Acquisition logo with Unclassified background

Burtech Acquisition Corp. (NASDAQ:BRKH - Get Free Report)'s share price rose 0% during mid-day trading on Monday . The company traded as high as $11.37 and last traded at $11.37. Approximately 194 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 13,101 shares. The stock had previously closed at $11.36.

Burtech Acquisition Price Performance

The firm's fifty day moving average is $11.28 and its 200 day moving average is $11.18.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Burtech Acquisition stock. Clear Street LLC grew its holdings in shares of Burtech Acquisition Corp. (NASDAQ:BRKH - Free Report) by 141.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,206 shares of the company's stock after purchasing an additional 1,880 shares during the quarter. Clear Street LLC's holdings in Burtech Acquisition were worth $36,000 at the end of the most recent quarter. 97.12% of the stock is owned by institutional investors.

Burtech Acquisition Company Profile

(Get Free Report)

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.

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