Better Choice (NASDAQ:BTTR) Stock Price Down 0.4%

Better Choice Company Inc. (NASDAQ:BTTR) fell 0.4% on Tuesday . The stock traded as low as $7.11 and last traded at $7.51. 20,006 shares traded hands during trading, a decline of 20% from the average session volume of 25,087 shares. The stock had previously closed at $7.54.

Better Choice Stock Performance

The company has a debt-to-equity ratio of 0.18, a current ratio of 1.59 and a quick ratio of 1.02. The company has a market capitalization of $4.70 million, a P/E ratio of -0.13 and a beta of 0.55. The business has a 50-day moving average of $8.36 and a 200-day moving average of $9.63.

Hedge Funds Weigh In On Better Choice

A number of institutional investors have recently modified their holdings of BTTR. Vanguard Group Inc. lifted its holdings in shares of Better Choice by 20.5% in the 3rd quarter. Vanguard Group Inc. now owns 683,017 shares of the company’s stock worth $543,000 after buying an additional 116,019 shares during the period. Callan Capital LLC increased its position in Better Choice by 69.8% during the 3rd quarter. Callan Capital LLC now owns 243,306 shares of the company’s stock valued at $30,000 after purchasing an additional 100,000 shares during the period. Cantor Fitzgerald L. P. purchased a new position in Better Choice during the 4th quarter valued at about $26,000. State Street Corp raised its holdings in shares of Better Choice by 8.0% in the 1st quarter. State Street Corp now owns 72,658 shares of the company’s stock valued at $185,000 after purchasing an additional 5,358 shares in the last quarter. Finally, Brown Brothers Harriman & Co. raised its stake in Better Choice by 873.4% in the first quarter. Brown Brothers Harriman & Co. now owns 48,669 shares of the company’s stock worth $124,000 after buying an additional 43,669 shares in the last quarter. 12.64% of the stock is owned by hedge funds and other institutional investors.

About Better Choice

Better Choice Company Inc operates as an animal health and wellness company. Its products portfolio includes naturally formulated kibble and canned dog and cat foods, freeze-dried raw dog foods and treats, vegan dog foods and treats, oral care products and supplements, as well as toppers, dental products, chews, and grooming products.