Brenmiller Energy Ltd (NASDAQ:BNRG) Sees Significant Decline in Short Interest

Brenmiller Energy Ltd (NASDAQ:BNRG) saw a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 51,900 shares, a decline of 57.8% from the September 30th total of 122,900 shares. Based on an average daily volume of 5,290,000 shares, the days-to-cover ratio is currently 0.0 days.

Brenmiller Energy Trading Up 1.3 %

NASDAQ:BNRG traded up $0.01 during trading hours on Monday, hitting $0.87. 105,206 shares of the company were exchanged, compared to its average volume of 1,907,461. The stock has a market capitalization of $1.93 million, a price-to-earnings ratio of -0.11 and a beta of -0.71. Brenmiller Energy has a one year low of $0.60 and a one year high of $7.22. The company has a fifty day simple moving average of $0.89 and a 200 day simple moving average of $1.17. 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.