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

Better Home & Finance Holding (NASDAQ:BETR) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totalling 150,100 shares, a decline of 11.4% from the September 30th total of 169,400 shares. Approximately 2.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 37,400 shares, the days-to-cover ratio is presently 4.0 days.

Better Home & Finance Stock Performance

Better Home & Finance stock opened at 15.70 on Wednesday. The firm’s fifty day moving average is 16.65 and its 200 day moving average is 6.42. 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 has a 52-week low of 14.20 and a 52-week high of 45.49.

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