Short Interest in Better Home & Finance Holding (NASDAQ:BETR) Drops By 11.4%

Better Home & Finance Holding (NASDAQ:BETR) was the target of a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 150,100 shares, a decrease of 11.4% from the September 30th total of 169,400 shares. Currently, 2.9% of the shares of the stock are short sold. Based on an average daily volume of 37,400 shares, the short-interest ratio is currently 4.0 days.

Better Home & Finance Stock Performance

Shares of BETR traded down 0.46 during midday trading on Tuesday, hitting 15.70. 9,768 shares of the company traded hands, compared to its average volume of 27,854. The firm has a 50 day moving average of 16.74 and a 200-day moving average of 6.31. Better Home & Finance has a 52 week low of 14.20 and a 52 week high of 45.49. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.61.

Better Home & Finance (NASDAQ:BETR) last released its earnings results on Tuesday, August 13th. The company reported -2.50 earnings per share for the quarter. Better Home & Finance had a negative return on equity of 225.59% and a negative net margin of 609.77%. The business had revenue of 32.26 million during the quarter.

About Better Home & Finance

Better Home & Finance Holding Company operates as a homeownership company in the United States. The company provides government-sponsored enterprise (GSE) conforming loans, U.S. Federal Housing Administration insured loans, U.S. Department of Veterans Affairs guaranteed loans, and jumbo loans to GSEs, banks, insurance companies, asset managers, and mortgage real estate investment trusts.