Brenmiller Energy Ltd. (NASDAQ:BNRG) Short Interest Update

Brenmiller Energy Ltd. (NASDAQ:BNRG) saw a significant decline in short interest in May. As of May 29th, there was short interest totaling 48,532 shares, a decline of 73.9% from the May 14th total of 185,927 shares. Based on an average daily trading volume, of 1,628,173 shares, the short-interest ratio is currently 0.0 days. Currently, 14.5% of the shares of the stock are short sold.

Brenmiller Energy Price Performance

Shares of NASDAQ BNRG traded down $0.21 during midday trading on Friday, reaching $1.22. 174,579 shares of the company were exchanged, compared to its average volume of 2,265,835. The stock’s 50-day moving average price is $2.34 and its 200-day moving average price is $11.72. The stock has a market cap of $658,800.00, a P/E ratio of 0.00 and a beta of -0.75. Brenmiller Energy has a one year low of $1.08 and a one year high of $115.68. The company has a quick ratio of 1.03, a current ratio of 1.33 and a debt-to-equity ratio of 0.97.

Brenmiller Energy (NASDAQ:BNRG) last posted its earnings results on Wednesday, March 25th. The company reported ($76.52) earnings per share for the quarter.

Institutional Trading of Brenmiller Energy

An institutional investor recently bought a new position in Brenmiller Energy stock. Citadel Advisors LLC acquired a new position in Brenmiller Energy Ltd. (NASDAQ:BNRG) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 21,411 shares of the company’s stock, valued at approximately $34,000. Citadel Advisors LLC owned about 0.55% of Brenmiller Energy as of its most recent SEC filing. Institutional investors own 13.23% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on BNRG shares. Wall Street Zen raised shares of Brenmiller Energy to a “sell” rating in a research note on Saturday. Weiss Ratings reissued a “sell (e+)” rating on shares of Brenmiller Energy in a research note on Monday, April 20th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

About Brenmiller Energy

Brenmiller Energy is a Tel Aviv–based technology company specializing in industrial-scale thermal energy storage solutions. The firm’s core business centers on its proprietary Adiabatic Compressed Air Energy Storage (A-CAES) process, which captures excess or off-peak electricity to drive compressors and store heat in insulated thermal tanks. By re-introducing the stored heat into the compressed air stream at a later time, the system generates clean, dispatchable energy without relying on fossil fuels.

The company’s flagship product, StorageCube, integrates its A-CAES technology with advanced control software to deliver reliable power and high-temperature heat for a variety of applications.