Brenmiller Energy Ltd (NASDAQ:BNRG) Short Interest Up 21.1% in June

Brenmiller Energy Ltd (NASDAQ:BNRG) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 45,300 shares, an increase of 21.1% from the May 31st total of 37,400 shares. Currently, 1.0% of the shares of the company are sold short. Based on an average daily trading volume, of 756,700 shares, the short-interest ratio is currently 0.1 days.

Brenmiller Energy Stock Performance

Shares of NASDAQ BNRG traded down $0.03 during midday trading on Monday, reaching $0.89. The company had a trading volume of 80,218 shares, compared to its average volume of 400,106. The business’s 50-day simple moving average is $1.55 and its 200 day simple moving average is $3.16. Brenmiller Energy has a 1 year low of $0.84 and a 1 year high of $13.75. The company has a current ratio of 1.68, a quick ratio of 1.46 and a debt-to-equity ratio of 1.73.

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.