Shares of Better Home & Finance Holding Company (NASDAQ:BETR - Get Free Report) were down 0.7% during mid-day trading on Thursday . The stock traded as low as $20.60 and last traded at $21.15. Approximately 62,941 shares were traded during trading, an increase of 4% from the average daily volume of 60,742 shares. The stock had previously closed at $21.30.
Better Home & Finance Trading Up 7.0%
The company's 50-day moving average price is $14.80 and its 200-day moving average price is $13.25.
Better Home & Finance (NASDAQ:BETR - Get Free Report) last issued its quarterly earnings data on Wednesday, August 13th. The company reported ($1.99) earnings per share (EPS) for the quarter, topping the consensus estimate of ($2.27) by $0.28. Better Home & Finance had a negative net margin of 153.25% and a negative return on equity of 1,105.80%. The company had revenue of $44.14 million during the quarter, compared to the consensus estimate of $44.14 million.
Hedge Funds Weigh In On Better Home & Finance
Institutional investors and hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. acquired a new position in shares of Better Home & Finance in the second quarter valued at about $29,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Better Home & Finance in the second quarter valued at about $33,000. BNP Paribas Financial Markets acquired a new position in shares of Better Home & Finance in the second quarter valued at about $72,000. New York State Common Retirement Fund acquired a new position in shares of Better Home & Finance in the second quarter valued at about $100,000. Finally, Bank of America Corp DE grew its stake in shares of Better Home & Finance by 87.6% in the second quarter. Bank of America Corp DE now owns 13,871 shares of the company's stock valued at $172,000 after acquiring an additional 6,479 shares in the last quarter. 20.94% of the stock is currently owned by institutional investors and hedge funds.
Better Home & Finance Company Profile
(
Get Free Report)
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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