Short Interest in Brenmiller Energy Ltd (NASDAQ:BNRG) Rises By 95.7%

Brenmiller Energy Ltd (NASDAQ:BNRG) was the recipient of a significant growth in short interest in March. As of March 15th, there was short interest totalling 232,500 shares, a growth of 95.7% from the February 28th total of 118,800 shares. Based on an average daily trading volume, of 1,650,000 shares, the short-interest ratio is presently 0.1 days. Currently, 4.4% of the company’s stock are sold short.

Brenmiller Energy Price Performance

Shares of NASDAQ BNRG opened at $1.32 on Friday. The company has a current ratio of 2.97, a quick ratio of 2.74 and a debt-to-equity ratio of 0.71. The company has a 50-day moving average price of $1.39 and a 200-day moving average price of $1.14. Brenmiller Energy has a 1 year low of $0.60 and a 1 year high of $3.27.

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.