Brenmiller Energy Ltd (NASDAQ:BNRG) Sees Significant Growth in Short Interest

Brenmiller Energy Ltd (NASDAQ:BNRG) saw a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 158,900 shares, a growth of 155.1% from the January 31st total of 62,300 shares. Currently, 3.0% of the company’s shares are short sold. Based on an average daily trading volume, of 1,760,000 shares, the days-to-cover ratio is currently 0.1 days.

Brenmiller Energy Price Performance

BNRG stock opened at $1.44 on Friday. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.97 and a quick ratio of 2.74. Brenmiller Energy has a 1 year low of $0.60 and a 1 year high of $3.65. The firm has a 50-day moving average of $1.55 and a 200 day moving average of $1.08.

Brenmiller Energy Company Profile

Brenmiller Energy Ltd. develops, produces, markets, and sells thermal energy storage (TES) systems based on its proprietary technology that enables renewable integration, increases energy efficiency, and reduces carbon emissions. Its TES system dispatches thermal energy on demand in the form of steam, which can be saturated for industrial use, or in the form of a superheated steam, which can be used to activate steam turbines.