Short Interest in Brenmiller Energy Ltd (NASDAQ:BNRG) Grows By 519.8%

Brenmiller Energy Ltd (NASDAQ:BNRG) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 391,100 shares, a growth of 519.8% from the November 30th total of 63,100 shares. Currently, 8.0% of the shares of the stock are short sold. Based on an average trading volume of 670,900 shares, the days-to-cover ratio is currently 0.6 days.

Brenmiller Energy Price Performance

Shares of NASDAQ BNRG traded down $0.04 during mid-day trading on Friday, hitting $1.03. 370,869 shares of the company traded hands, compared to its average volume of 1,741,917. The company has a current ratio of 2.97, a quick ratio of 2.74 and a debt-to-equity ratio of 0.71. Brenmiller Energy has a 1 year low of $0.60 and a 1 year high of $7.22. The business has a 50 day moving average of $0.80 and a two-hundred day moving average of $0.85.

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.