Better Home & Finance Holding (NASDAQ:BETR) Sees Large Drop in Short Interest

Better Home & Finance Holding (NASDAQ:BETR) was the target of a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 165,800 shares, a drop of 17.6% from the November 15th total of 201,200 shares. Based on an average trading volume of 43,500 shares, the short-interest ratio is currently 3.8 days. Currently, 3.3% of the company’s shares are sold short.

Better Home & Finance Stock Performance

NASDAQ BETR traded down 1.31 during trading on Friday, reaching 10.86. 75,100 shares of the stock traded hands, compared to its average volume of 29,897. Better Home & Finance has a fifty-two week low of 10.85 and a fifty-two week high of 45.49. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 12.43. The stock’s 50-day moving average price is 14.24 and its 200 day moving average price is 9.45.

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.