Brenmiller Energy Ltd (NASDAQ:BNRG) Short Interest Up 11.8% in January

Brenmiller Energy Ltd (NASDAQ:BNRG) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totalling 437,300 shares, a growth of 11.8% from the December 31st total of 391,100 shares. Approximately 9.0% of the shares of the company are short sold. Based on an average daily volume of 1,620,000 shares, the days-to-cover ratio is currently 0.3 days.

Brenmiller Energy Price Performance

BNRG remained flat at $1.36 during trading on Monday. 133,511 shares of the company’s stock were exchanged, compared to its average volume of 997,415. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.97 and a quick ratio of 2.74. The firm has a fifty day moving average of $1.34 and a 200 day moving average of $1.01. Brenmiller Energy has a 1 year low of $0.60 and a 1 year high of $4.65.

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.