Better Home & Finance Holding (NASDAQ:BETR) Sees Significant Decline in Short Interest

Better Home & Finance Holding (NASDAQ:BETR) saw a large decline in short interest in September. As of September 15th, there was short interest totalling 134,500 shares, a decline of 11.6% from the August 31st total of 152,100 shares. Based on an average daily volume of 31,200 shares, the days-to-cover ratio is presently 4.3 days. Currently, 2.6% of the shares of the company are short sold.

Better Home & Finance Stock Up 0.4 %

BETR traded up 0.08 during trading on Friday, reaching 18.30. The company’s stock had a trading volume of 15,500 shares, compared to its average volume of 25,727. Better Home & Finance has a 52-week low of 14.86 and a 52-week high of 45.49. The company’s fifty day moving average price is 10.76 and its 200-day moving average price is 4.02. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.96 and a quick ratio of 0.96.

Better Home & Finance (NASDAQ:BETR) last announced its quarterly earnings data on Tuesday, August 13th. The company reported -2.50 earnings per share for the quarter. Better Home & Finance had a negative net margin of 609.77% and a negative return on equity of 225.59%. The business had revenue of 32.26 million during the quarter.

About Better Home & Finance

Better Home & Finance Holding Company operates as a homeownership company in the United States. The company provides government-sponsored enterprise (GSE) conforming loans, U.S. Federal Housing Administration insured loans, U.S. Department of Veterans Affairs guaranteed loans, and jumbo loans to GSEs, banks, insurance companies, asset managers, and mortgage real estate investment trusts.