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

Brenmiller Energy Ltd (NASDAQ:BNRG) was the recipient of 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. Based on an average daily trading volume, of 1,760,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 3.0% of the shares of the company are short sold.

Brenmiller Energy Stock Down 2.3 %

Shares of NASDAQ:BNRG traded down $0.03 during mid-day trading on Friday, reaching $1.43. 74,353 shares of the company traded hands, compared to its average volume of 2,042,653. Brenmiller Energy has a 52 week low of $0.60 and a 52 week high of $3.73. The company’s 50 day moving average price is $1.54 and its 200-day moving average price is $1.08. The company has a current ratio of 2.97, a quick ratio of 2.74 and a debt-to-equity ratio of 0.71.

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.