Better Choice (NASDAQ:BTTR) Trading Down 0.2%

Shares of Better Choice Company Inc. (NASDAQ:BTTR) were down 0.2% during mid-day trading on Monday . The stock traded as low as $4.87 and last traded at $4.87. Approximately 2,465 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 198,329 shares. The stock had previously closed at $4.88.

Better Choice Stock Performance

The company has a market cap of $4.36 million, a price-to-earnings ratio of -0.15 and a beta of 0.54. The firm’s fifty day moving average price is $6.32 and its 200-day moving average price is $9.47.

Better Choice (NASDAQ:BTTR) last announced its quarterly earnings results on Friday, April 12th. The company reported ($6.51) earnings per share (EPS) for the quarter. Better Choice had a negative net margin of 59.00% and a negative return on equity of 95.23%. The firm had revenue of $5.70 million during the quarter.

Hedge Funds Weigh In On Better Choice

An institutional investor recently raised its position in Better Choice stock. Callan Capital LLC lifted its holdings in shares of Better Choice Company Inc. (NASDAQ:BTTR) by 69.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 243,306 shares of the company’s stock after buying an additional 100,000 shares during the period. Callan Capital LLC owned about 0.76% of Better Choice worth $30,000 at the end of the most recent quarter. 12.64% of the stock is owned by institutional investors.

Better Choice Company Profile

Better Choice Company Inc operates as a pet 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, and chews.