Brenmiller Energy Ltd (NASDAQ:BNRG) Short Interest Update

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

Brenmiller Energy Price Performance

Shares of BNRG stock opened at $1.24 on Tuesday. Brenmiller Energy has a 12 month low of $0.60 and a 12 month high of $3.27. The stock has a 50 day moving average of $1.54 and a 200-day moving average of $1.13. The company has a current ratio of 2.97, a quick ratio of 2.74 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.