Brenmiller Energy Ltd (NASDAQ:BNRG) Sees Large Increase in Short Interest

Brenmiller Energy Ltd (NASDAQ:BNRG) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 437,300 shares, an increase of 11.8% from the December 15th total of 391,100 shares. Approximately 9.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,620,000 shares, the short-interest ratio is presently 0.3 days.

Brenmiller Energy Trading Up 2.3 %

NASDAQ BNRG traded up $0.04 during trading on Friday, hitting $1.80. 183,682 shares of the company’s stock traded hands, compared to its average volume of 4,341,556. The stock has a fifty day moving average of $1.13 and a two-hundred day moving average of $0.95. Brenmiller Energy has a 12-month low of $0.60 and a 12-month high of $6.30. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.74 and a current ratio of 2.97.

About Brenmiller Energy

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.