Better Choice (NASDAQ:BTTR) Trading 9% Higher

Better Choice Company Inc. (NASDAQ:BTTR)’s share price traded up 9% during mid-day trading on Tuesday . The company traded as high as $4.38 and last traded at $4.13. 124,789 shares were traded during mid-day trading, a decline of 51% from the average session volume of 256,237 shares. The stock had previously closed at $3.79.

Better Choice Price Performance

The stock has a fifty day moving average of $4.50 and a 200-day moving average of $7.57.

Better Choice (NASDAQ:BTTR) last released its quarterly earnings results on Friday, May 17th. The company reported ($3.60) earnings per share (EPS) for the quarter. Better Choice had a negative net margin of 59.36% and a negative return on equity of 135.66%. The business had revenue of $7.90 million during the quarter.

Institutional Trading of Better Choice

An institutional investor recently bought a new position in Better Choice stock. Cantor Fitzgerald L. P. acquired a new position in shares of Better Choice Company Inc. (NASDAQ:BTTR) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 95,000 shares of the company’s stock, valued at approximately $26,000. Cantor Fitzgerald L. P. owned about 0.30% of Better Choice at the end of the most recent quarter. Institutional investors and hedge funds own 12.64% of the company’s stock.

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.