Better Choice (NASDAQ:BTTR) Stock Price Down 0.9% – Here’s Why

Better Choice Company Inc. (NASDAQ:BTTR) fell 0.9% during mid-day trading on Thursday . The stock traded as low as $1.57 and last traded at $1.69. 46,355 shares changed hands during mid-day trading, a decline of 74% from the average session volume of 178,311 shares. The stock had previously closed at $1.70.

Better Choice Stock Performance

The company has a market cap of $3.46 million, a price-to-earnings ratio of -0.09 and a beta of 0.74. The company’s fifty day moving average is $1.81 and its two-hundred day moving average is $1.97.

Institutional Trading of Better Choice

An institutional investor recently bought a new position in Better Choice stock. Sanctuary Advisors LLC bought a new position in shares of Better Choice Company Inc. (NASDAQ:BTTR) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 14,823 shares of the company’s stock, valued at approximately $31,000. Sanctuary Advisors LLC owned 0.77% of Better Choice as of its most recent filing with the Securities and Exchange Commission (SEC). 12.64% of the stock is owned by hedge funds and other institutional investors.

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.