Brenmiller Energy Ltd (NASDAQ:BNRG) Short Interest Update

Brenmiller Energy Ltd (NASDAQ:BNRG) was the recipient of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 118,800 shares, a drop of 25.2% from the February 13th total of 158,900 shares. Currently, 2.3% of the shares of the company are sold short. Based on an average daily volume of 1,820,000 shares, the days-to-cover ratio is presently 0.1 days.

Brenmiller Energy Stock Performance

BNRG opened at $1.23 on Friday. 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 firm’s fifty day moving average price is $1.56 and its two-hundred day moving average price is $1.12. Brenmiller Energy has a fifty-two week low of $0.60 and a fifty-two week high of $3.27.

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.