Burtech Acquisition Corp. (NASDAQ:BRKH – Get Free Report) shares rose 0% during mid-day trading on Monday . The stock traded as high as $11.37 and last traded at $11.37. Approximately 194 shares changed hands during trading, a decline of 99% from the average daily volume of 13,101 shares. The stock had previously closed at $11.36.
Burtech Acquisition Trading Up 0.1 %
The company has a 50 day moving average of $11.28 and a 200-day moving average of $11.18.
Hedge Funds Weigh In On Burtech Acquisition
A hedge fund recently raised its stake in Burtech Acquisition stock. Clear Street LLC increased its position in shares of Burtech Acquisition Corp. (NASDAQ:BRKH – Free Report) by 141.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,206 shares of the company’s stock after acquiring an additional 1,880 shares during the period. Clear Street LLC’s holdings in Burtech Acquisition were worth $36,000 at the end of the most recent quarter. Institutional investors own 97.12% of the company’s stock.
About Burtech Acquisition
Burtech Acquisition Corp. does not have significant operations. The company focuses to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire a business, which operates in the retail, lifestyle, hospitality, technology, and real estate markets.
Further Reading
- Five stocks we like better than Burtech Acquisition
- Most Volatile Stocks, What Investors Need to Know
- Chinese Stocks Cool Off: Time to Buy the Dip in These 2 Stocks?
- Do ETFs Pay Dividends? What You Need to Know
- Goldman Sachs Highlights 3 Top Short Squeeze Stocks to Watch
- How Investors Can Identify and Successfully Trade Gap-Down Stocks
- Walmart is Up 56% YTD, Is it Still a Top Consumer Staples Stock?
Receive News & Ratings for Burtech Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Burtech Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
