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Burtech Acquisition (NASDAQ:BRKHU) down 0.8%


Burtech Acquisition Corp. (NASDAQ:BRKHU – Get Free Report) shares fell 0.8% in trading on Friday. The stock traded as low as $11.25 and was last seen at $11.25. During midday trading, 2,105 shares were traded, an increase of 18% compared to the session’s average volume of 1,781 shares. The stock had previously closed at $11.34.

Burtech Acquisition turnover drops 0.8%

The company’s 50 day moving average is $11.38 and its 200 day moving average is $10.92.

Hedge funds consider acquiring Burtech

The hedge fund recently increased its stake in Burtech Acquisition shares. Clear Street LLC increased its stake in Burtech Acquisition Corp. (NASDAQ:BRKHU – Free Report ) by 85.7% in the fourth quarter, according to the company’s latest Form 13F filing with the Securities and Exchange Commission. The institutional investor holds 2,546 shares of the company’s stock after purchasing an additional 1,175 shares during the period. Clear Street LLC’s stake in Burtech Acquisition was worth $27,000, according to the company’s latest SEC filing.

Burtech Acquisition Company Profile

(Download the free report)

Burtech Acquisition Corp. has no significant operations. The Company is focused on completing a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more companies. It intends to acquire a company that operates in the retail, lifestyle, hospitality, technology, and real estate markets.

Further reading



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