Short Interest in Brenmiller Energy Ltd (NASDAQ:BNRG) Rises By 89.4%

Brenmiller Energy Ltd (NASDAQ:BNRG) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 98,300 shares, an increase of 89.4% from the October 15th total of 51,900 shares. Based on an average trading volume of 5,300,000 shares, the short-interest ratio is currently 0.0 days.

Brenmiller Energy Stock Down 2.6 %

Shares of Brenmiller Energy stock traded down $0.02 during trading on Friday, hitting $0.71. 107,153 shares of the company’s stock traded hands, compared to its average volume of 1,793,360. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.97 and a quick ratio of 2.74. The firm’s fifty day moving average price is $0.87 and its 200 day moving average price is $1.05. Brenmiller Energy has a twelve month low of $0.60 and a twelve month high of $7.22.

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.