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

Brenmiller Energy Ltd (NASDAQ:BNRG) was the recipient of a large 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. Based on an average daily volume of 1,620,000 shares, the days-to-cover ratio is currently 0.3 days. Currently, 9.0% of the shares of the company are short sold.

Brenmiller Energy Price Performance

Shares of NASDAQ BNRG opened at $1.80 on Monday. 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 52-week low of $0.60 and a 52-week high of $6.30. The business has a 50-day moving average price of $1.13 and a 200 day moving average price of $0.95.

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.