Burtech Acquisition (NASDAQ:BRKHU) Shares Up 7.1%

Burtech Acquisition Corp. (NASDAQ:BRKHU) was up 7.1% on Friday . The company traded as high as $11.38 and last traded at $11.38. Approximately 110 shares changed hands during trading, a decline of 94% from the average daily volume of 1,931 shares. The stock had previously closed at $10.63.

Burtech Acquisition Stock Performance

The firm’s fifty day moving average price is $10.64 and its 200-day moving average price is $10.62.

Institutional Trading of Burtech Acquisition

An institutional investor recently raised its position in Burtech Acquisition stock. Clear Street LLC raised its position in shares of Burtech Acquisition Corp. (NASDAQ:BRKHU) by 85.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,546 shares of the company’s stock after acquiring an additional 1,175 shares during the quarter. Clear Street LLC’s holdings in Burtech Acquisition were worth $27,000 as of its most recent SEC filing.

Burtech Acquisition Company Profile

Burtech Acquisition Corp. does not have significant operations. The company focuses to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire a business, which operates in the retail, lifestyle, hospitality, technology, and real estate markets.