Burtech Acquisition Corp. (NASDAQ:BRKHW) Sees Significant Decline in Short Interest

Burtech Acquisition Corp. (NASDAQ:BRKHW) was the target of a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 18,200 shares, a decrease of 5.2% from the November 15th total of 19,200 shares. Based on an average trading volume of 93,500 shares, the short-interest ratio is presently 0.2 days.

Burtech Acquisition Trading Up 9.4 %

Shares of NASDAQ BRKHW opened at $0.29 on Thursday. Burtech Acquisition has a 52-week low of $0.01 and a 52-week high of $0.32. The company’s 50-day simple moving average is $0.20 and its 200-day simple moving average is $0.23.

Burtech Acquisition Company Profile

BurTech Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus its search for target in the retail, lifestyle, hospitality, technology, and real estate markets.