Better Choice (NASDAQ:BTTR) Stock Price Down 1.1%

Shares of Better Choice Company Inc. (NASDAQ:BTTR) dropped 1.1% during mid-day trading on Tuesday . The company traded as low as $6.10 and last traded at $6.11. Approximately 5,784 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 205,546 shares. The stock had previously closed at $6.18.

Better Choice Stock Performance

The firm’s fifty day moving average price is $6.51 and its 200 day moving average price is $9.59.

Better Choice (NASDAQ:BTTR) last issued its earnings results on Friday, April 12th. The company reported ($6.51) earnings per share for the quarter. The firm had revenue of $5.70 million during the quarter. Better Choice had a negative return on equity of 95.23% and a negative net margin of 59.00%.

Hedge Funds Weigh In On Better Choice

An institutional investor recently bought a new position in Better Choice stock. Cantor Fitzgerald L. P. bought a new position in Better Choice Company Inc. (NASDAQ:BTTR) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 95,000 shares of the company’s stock, valued at approximately $26,000. Cantor Fitzgerald L. P. owned about 0.30% of Better Choice as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 12.64% of the company’s stock.

About Better Choice

Better Choice Company Inc operates as a pet 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, and chews.