Brenmiller Energy Ltd (NASDAQ:BNRG) Short Interest Update

Brenmiller Energy Ltd (NASDAQ:BNRG) saw a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 98,300 shares, an increase of 89.4% from the October 15th total of 51,900 shares. Based on an average daily trading volume, of 5,300,000 shares, the short-interest ratio is presently 0.0 days.

Brenmiller Energy Stock Down 1.9 %

Shares of Brenmiller Energy stock opened at $0.74 on Thursday. The firm’s fifty day simple moving average is $0.87 and its 200-day simple moving average is $1.05. Brenmiller Energy has a 12 month low of $0.60 and a 12 month high of $7.22. The company has a quick ratio of 2.74, a current ratio of 2.97 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.