Better Choice (NASDAQ:BTTR) Shares Down 1.6%

Better Choice Company Inc. (NASDAQ:BTTR) shares fell 1.6% on Thursday . The stock traded as low as $5.85 and last traded at $6.00. 16,957 shares changed hands during mid-day trading, a decline of 92% from the average session volume of 222,819 shares. The stock had previously closed at $6.10.

Better Choice Stock Performance

The stock has a fifty day moving average of $6.99 and a two-hundred day moving average of $9.62. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.59 and a quick ratio of 1.02.

Better Choice (NASDAQ:BTTR) last released its quarterly earnings data on Friday, April 12th. The company reported ($6.51) earnings per share for the quarter. Better Choice had a negative net margin of 59.00% and a negative return on equity of 75.66%. The firm had revenue of $5.70 million during the quarter.

Institutional Investors Weigh In On Better Choice

Several institutional investors have recently bought and sold shares of BTTR. State Street Corp raised its stake 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 acquiring an additional 5,358 shares during the period. Brown Brothers Harriman & Co. increased its holdings in Better Choice by 873.4% in the 1st quarter. Brown Brothers Harriman & Co. now owns 48,669 shares of the company’s stock valued at $124,000 after purchasing an additional 43,669 shares in the last quarter. Vanguard Group Inc. raised 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 valued at $1,349,000 after purchasing an additional 59,468 shares during the period. Cantor Fitzgerald L. P. acquired a new position in shares of Better Choice during the fourth quarter worth about $26,000. Finally, Callan Capital LLC lifted its stake in shares of Better Choice by 69.8% during the third quarter. Callan Capital LLC now owns 243,306 shares of the company’s stock worth $30,000 after purchasing an additional 100,000 shares in the last quarter. 12.64% of the stock is currently 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.