Short Interest in Brenmiller Energy Ltd (NASDAQ:BNRG) Rises By 89.4%

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

Brenmiller Energy Stock Performance

NASDAQ BNRG traded down $0.02 during midday trading on Friday, hitting $0.71. The company had a trading volume of 107,153 shares, compared to its average volume of 1,793,360. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.74 and a current ratio of 2.97. The firm has a fifty day simple moving average of $0.87 and a two-hundred day simple moving average of $1.05. Brenmiller Energy has a fifty-two week low of $0.60 and a fifty-two week high of $7.22.

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.