Brenmiller Energy Ltd (NASDAQ:BNRG) Short Interest Update

Brenmiller Energy Ltd (NASDAQ:BNRG) was the target of a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 62,300 shares, a decrease of 41.6% from the January 15th total of 106,600 shares. Approximately 1.2% of the company’s stock are sold short. Based on an average trading volume of 1,740,000 shares, the days-to-cover ratio is currently 0.0 days.

Brenmiller Energy Stock Performance

Shares of BNRG traded down $0.10 during mid-day trading on Friday, reaching $1.06. The company’s stock had a trading volume of 253,360 shares, compared to its average volume of 632,792. Brenmiller Energy has a 12-month low of $0.60 and a 12-month high of $4.40. 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’s 50 day moving average is $1.41 and its 200 day moving average is $1.03.

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.