Short Interest in Brenmiller Energy Ltd (NASDAQ:BNRG) Grows By 11.8%

Brenmiller Energy Ltd (NASDAQ:BNRG) was the recipient of a significant increase in short interest in the month of 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 currently 0.3 days.

Brenmiller Energy Price Performance

Brenmiller Energy stock traded up $0.04 during midday trading on Friday, reaching $1.80. 183,682 shares of the stock were exchanged, compared to its average volume of 4,341,556. The company’s fifty day moving average is $1.13 and its 200-day moving average is $0.95. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.74 and a current ratio of 2.97. Brenmiller Energy has a 52 week low of $0.60 and a 52 week high of $6.30.

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.