Better Therapeutics Inc (BTTX) Looks Set To Grow At A Great Clip In 2024

Better Therapeutics Inc (NASDAQ:BTTX) has a beta value of 2.33 and has seen 201.54 million shares traded in the last trading session. The company, currently valued at $2.42M, closed the last trade at $0.04 per share which meant it 27.43% during that session. The BTTX stock price is -3925.0% off its 52-week high price of $1.61 and 25.0% above the 52-week low of $0.03. If we look at the company’s 10-day average daily trading volume, we find that it stood at 26.76 million shares traded. The 3-month trading volume is 3.13 million shares.

Better Therapeutics Inc (NASDAQ:BTTX) trade information

Sporting 27.43% in the green in last session, the stock has traded in the red over the last five days, when the BTTX stock price touched $0.04 or saw a rise of 81.82%. Year-to-date, Better Therapeutics Inc shares have moved -77.13%, while the 5-day performance has seen it change -79.26%. Over the past 30 days, the shares of Better Therapeutics Inc (NASDAQ:BTTX) have changed -76.53%. Short interest in the company has seen 2.13 million shares shorted with days to cover at 0.94.

Better Therapeutics Inc (BTTX) estimates and forecasts

Figures show that Better Therapeutics Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -91.46% over the past 6 months, with this year growth rate of 49.11%, compared to 11.30% for the industry.

BTTX Dividends

Better Therapeutics Inc is expected to release its next earnings report in April this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Better Therapeutics Inc (NASDAQ:BTTX)’s Major holders

Insiders own 53.41% of the company shares, while shares held by institutions stand at 2.95% with a share float percentage of 6.33%. Investors are also buoyed by the number of investors in a company, with Better Therapeutics Inc having a total of 24 institutions that hold shares in the company. The top two institutional holders are Vanguard Group Inc with over 0.44 million shares worth more than $0.47 million. As of Jun 29, 2023, Vanguard Group Inc held 1.08% of shares outstanding.

The other major institutional holder is Farallon Capital Management Llc, with the holding of over 0.33 million shares as of Jun 29, 2023. The firm’s total holdings are worth over $0.36 million and represent 0.81% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. As of Jun 29, 2023, the former fund manager holds about 0.80% shares in the company for having 0.33 million shares of worth $0.35 million while later fund manager owns 0.11 million shares of worth $0.12 million as of Jun 29, 2023, which makes it owner of about 0.28% of company’s outstanding stock.