Short Interest in Better Home & Finance Holding (NASDAQ:BETR) Drops By 17.8%

Better Home & Finance Holding (NASDAQ:BETR) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totalling 4,890,000 shares, a decrease of 17.8% from the June 30th total of 5,950,000 shares. Approximately 2.0% of the company’s stock are sold short. Based on an average trading volume of 1,300,000 shares, the days-to-cover ratio is currently 3.8 days.

Better Home & Finance Stock Performance

NASDAQ:BETR traded up 0.04 during trading hours on Friday, reaching 0.55. 931,700 shares of the stock were exchanged, compared to its average volume of 1,042,598. Better Home & Finance has a twelve month low of 0.30 and a twelve month high of 62.91. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.38. The firm has a 50 day moving average of 0.43 and a 200 day moving average of 0.48.

Better Home & Finance (NASDAQ:BETR) last released its quarterly earnings results on Wednesday, May 15th. The company reported -0.06 earnings per share for the quarter. The business had revenue of 22.25 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.