Better Choice (NASDAQ:BTTR) Trading 2% Higher

Better Choice Company Inc. (NASDAQ:BTTR) shot up 2% on Thursday . The stock traded as high as $6.57 and last traded at $6.57. 5,512 shares were traded during mid-day trading, a decline of 79% from the average session volume of 25,886 shares. The stock had previously closed at $6.44.

Better Choice Trading Down 6.8 %

The business has a fifty day simple moving average of $8.36 and a 200 day simple moving average of $9.63. The stock has a market cap of $4.37 million, a price-to-earnings ratio of -0.14 and a beta of 0.55. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.02 and a current ratio of 1.59.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Callan Capital LLC raised its stake in Better Choice by 69.8% during the third quarter. Callan Capital LLC now owns 243,306 shares of the company’s stock valued at $30,000 after buying an additional 100,000 shares in the last quarter. Vanguard Group Inc. lifted its position in Better Choice by 12.7% in the first quarter. Vanguard Group Inc. now owns 529,027 shares of the company’s stock worth $1,349,000 after purchasing an additional 59,468 shares during the period. State Street Corp lifted its position in shares of Better Choice by 8.0% during the 1st quarter. State Street Corp now owns 72,658 shares of the company’s stock valued at $185,000 after acquiring an additional 5,358 shares during the last quarter. Brown Brothers Harriman & Co. lifted its position in shares of Better Choice by 873.4% during the 1st quarter. Brown Brothers Harriman & Co. now owns 48,669 shares of the company’s stock valued at $124,000 after acquiring an additional 43,669 shares during the last quarter. Finally, Cantor Fitzgerald L. P. acquired a new stake in shares of Better Choice during the 4th quarter valued at $26,000. Institutional investors and hedge funds own 12.64% of the company’s stock.

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.