Brenmiller Energy Ltd (NASDAQ:BNRG) Short Interest Up 11.8% in December

Brenmiller Energy Ltd (NASDAQ:BNRG) was the target of a large increase in short interest in 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 trading volume of 1,620,000 shares, the days-to-cover ratio is presently 0.3 days. Currently, 9.0% of the company’s stock are short sold.

Brenmiller Energy Stock Up 2.3 %

NASDAQ:BNRG opened at $1.80 on Monday. The stock has a 50-day simple moving average of $1.13 and a 200-day simple moving average of $0.95. Brenmiller Energy has a 1 year low of $0.60 and a 1 year high of $6.30. The company has a quick ratio of 2.74, a current ratio of 2.97 and a debt-to-equity ratio of 0.71.

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.