Burtech Acquisition Corp. (NASDAQ:BRKH) Sees Large Increase in Short Interest

Burtech Acquisition Corp. (NASDAQ:BRKH) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 33 shares, an increase of 65.0% from the July 15th total of 20 shares. Based on an average trading volume of 37,812 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Burtech Acquisition Stock Performance

NASDAQ BRKH traded up $0.04 during trading on Monday, hitting $10.01. The stock had a trading volume of 5,646 shares, compared to its average volume of 71,144. The firm has a 50 day moving average price of $5.84 and a 200 day moving average price of $3.12. Burtech Acquisition has a twelve month low of $9.80 and a twelve month high of $10.00.

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. Burtech Acquisition Corp. was incorporated in 2021 and is based in Washington, District of Columbia.