Better Choice (NASDAQ:BTTR) Trading Up 23.3%

Better Choice Company Inc. (NASDAQ:BTTR)’s share price rose 23.3% during mid-day trading on Tuesday . The company traded as high as $9.16 and last traded at $6.29. Approximately 5,332,516 shares were traded during mid-day trading, an increase of 2,391% from the average daily volume of 214,072 shares. The stock had previously closed at $5.10.

Better Choice Trading Down 3.2 %

The business’s 50 day moving average price is $7.08 and its 200-day moving average price is $9.65. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.59 and a quick ratio of 1.02.

Institutional Investors Weigh In On Better Choice

A number of institutional investors have recently modified their holdings of BTTR. Vanguard Group Inc. raised its stake in Better Choice by 12.7% during the first quarter. Vanguard Group Inc. now owns 529,027 shares of the company’s stock worth $1,349,000 after acquiring an additional 59,468 shares during the period. Brown Brothers Harriman & Co. raised its stake in Better Choice by 873.4% during the first quarter. Brown Brothers Harriman & Co. now owns 48,669 shares of the company’s stock worth $124,000 after acquiring an additional 43,669 shares during the period. State Street Corp raised its stake in Better Choice by 8.0% during the first quarter. State Street Corp now owns 72,658 shares of the company’s stock worth $185,000 after acquiring an additional 5,358 shares during the period. Callan Capital LLC raised its stake in Better Choice by 69.8% during the third quarter. Callan Capital LLC now owns 243,306 shares of the company’s stock worth $30,000 after acquiring an additional 100,000 shares during the period. Finally, Cantor Fitzgerald L. P. acquired a new stake in Better Choice during the fourth quarter worth about $26,000. Institutional investors and hedge funds own 12.64% of the company’s stock.

Better Choice Company Profile

Better Choice Company Inc operates as an animal 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, chews, and grooming products.