Better Home & Finance Holding (NASDAQ:BETR - Get Free Report) saw a significant growth in short interest during 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 trading volume of 44,500 shares, the days-to-cover ratio is currently 3.6 days. Currently, 3.1% of the company's shares are sold short.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Better Home & Finance stock. Brooklyn FI LLC acquired a new stake in Better Home & Finance Holding (NASDAQ:BETR - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 235,712 shares of the company's stock, valued at approximately $2,103,000. Brooklyn FI LLC owned about 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 Trading Down 1.0 %
BETR traded down $0.15 on Thursday, reaching $14.41. 30,634 shares of the company's stock were exchanged, compared to its average volume of 47,438. The company's 50 day moving average is $11.55 and its 200-day moving average is $12.06. The company has a debt-to-equity ratio of 12.43, a quick ratio of 0.84 and a current ratio of 0.84. Better Home & Finance has a twelve month low of $7.71 and a twelve month high of $30.00. The company has a market cap of $218.60 million, a price-to-earnings ratio of -1.07 and a beta of 1.73.
Better Home & Finance (NASDAQ:BETR - Get Free Report) last released its quarterly earnings results on Tuesday, March 18th. The company reported ($2.81) EPS for the quarter. Better Home & Finance had a negative return on equity of 300.92% and a negative net margin of 187.29%. The business had revenue of $24.98 million during the quarter.
Better Home & Finance Company Profile
(
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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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