Burtech Acquisition (NASDAQ:BRKHU) Shares Up 7.1%

Burtech Acquisition Corp. (NASDAQ:BRKHU)’s share price traded up 7.1% on Friday . The company traded as high as $11.38 and last traded at $11.38. 110 shares changed hands during mid-day trading, a decline of 94% from the average session volume of 1,931 shares. The stock had previously closed at $10.63.

Burtech Acquisition Stock Up 7.1 %

The business’s fifty day moving average price is $10.64 and its two-hundred day moving average price is $10.62.

Hedge Funds Weigh In On Burtech Acquisition

An institutional investor recently raised its position in Burtech Acquisition stock. Clear Street LLC increased its position in shares of Burtech Acquisition Corp. (NASDAQ:BRKHU) by 85.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,546 shares of the company’s stock after purchasing an additional 1,175 shares during the period. Clear Street LLC’s holdings in Burtech Acquisition were worth $27,000 at the end of the most recent quarter.

Burtech Acquisition Company Profile

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.