Brenmiller Energy Ltd (NASDAQ:BNRG) Short Interest Up 95.7% in March

Brenmiller Energy Ltd (NASDAQ:BNRG) was the recipient of a large increase in short interest in March. As of March 15th, there was short interest totalling 232,500 shares, an increase of 95.7% from the February 28th total of 118,800 shares. Approximately 4.4% of the company’s stock are short sold. Based on an average trading volume of 1,650,000 shares, the days-to-cover ratio is presently 0.1 days.

Brenmiller Energy Trading Up 3.1 %

Shares of BNRG stock opened at $1.32 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 has a 50-day moving average of $1.39 and a 200-day moving average of $1.14. Brenmiller Energy has a one year low of $0.60 and a one year high of $3.27.

About Brenmiller Energy

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.