BrenX Ltd. (NASDAQ:BRNX) Shares Shorted: Short Interest Down 44.8% in September

BrenX Ltd. (NASDAQ:BRNX) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 33,778 shares, a decrease of 44.8% from the September 15th total of 61,146 shares. Based on an average trading volume of 236,960 shares, the days-to-cover ratio is currently 0.1 days. Approximately 7.6% of the company’s shares are sold short.

BrenX Stock Performance

Shares of BRNX stock traded up $0.03 on Thursday, hitting $1.10. The company had a trading volume of 182,684 shares, compared to its average volume of 447,907. BrenX has a twelve month low of $0.80 and a twelve month high of $384.30. The company has a current ratio of 1.58, a quick ratio of 1.18 and a debt-to-equity ratio of 0.77. The stock’s 50-day moving average is $3.09 and its two-hundred day moving average is $7.89.

BrenX (NASDAQ:BRNX) last posted its quarterly earnings data on Wednesday, September 9th. The company reported ($62.95) EPS for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of BrenX in a report on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company presently has an average rating of “Sell”.

BrenX Company Profile

We are a technology company that develops, produces, markets and sells TES systems based on our proprietary and patented bGen™ technology. The use of our technology enables better renewable integration, increases energy efficiency and reduces carbon emissions by allowing constant and reliable energy while stabilizing the intermittent nature of renewable sources. We believe that climate change is the greatest challenge of our times. A major contributor to climate change is carbon emissions being emitted to the atmosphere.