Short Interest in Brenmiller Energy Ltd (NASDAQ:BNRG) Expands By 9.7%

Brenmiller Energy Ltd (NASDAQ:BNRG) saw a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 3,400 shares, a growth of 9.7% from the March 15th total of 3,100 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 9,900 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of Brenmiller Energy

A hedge fund recently bought a new stake in Brenmiller Energy stock. Jane Street Group LLC bought a new position in shares of Brenmiller Energy Ltd (NASDAQ:BNRG) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 42,313 shares of the company’s stock, valued at approximately $152,000. Jane Street Group LLC owned 0.27% of Brenmiller Energy as of its most recent filing with the SEC. Institutional investors and hedge funds own 13.23% of the company’s stock.

Brenmiller Energy Stock Down 6.8 %

Brenmiller Energy stock opened at $2.29 on Wednesday. The firm has a market capitalization of $5.08 million, a PE ratio of -0.30 and a beta of -0.56. The company’s 50-day moving average is $3.03 and its 200-day moving average is $4.95. Brenmiller Energy has a fifty-two week low of $2.00 and a fifty-two week high of $14.90. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.68 and a quick ratio of 1.46.

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.