Yes, there is a simpler method using CF (Continued Fractions). Do you happen to know them ? Here is the result (explanations just after).
$$\underbrace{\frac{28}{17}}_{\approx \ 1.6471} < \underbrace{\sqrt{e}}_{\approx \ 1.6487} < \underbrace{\frac{33}{20}}_{= \ 1.65}$$
Explanations : A continued fraction is an expression of the form:
$$a=a_0+\cfrac{1}{a_1+\cfrac{1}{a_2+\cfrac{1}{a_3+\cfrac{1}{a_4+\cfrac{1}{a_5+\cfrac{1}{a_6+\cdots}}}}}}$$
Here, we rely on this formula:
$$e^{1/2}=1+\cfrac{1}{1+\cfrac{1}{1+\cfrac{1}{1+\cfrac{1}{5+\cfrac{1}{1+\cfrac{1}{1+\cfrac{1}{9+\cfrac{1}{1+\cfrac{1}{1+\cfrac{1}{13+\cfrac{1}{1+\cfrac{1}{1+\cdots}}}}}}}}}}}}$$
(recalled for example in this answer to a question where you will find other things about $\sqrt{e}$) with (excepted for the first two $a_k$) a periodicity with $a_k=1$, but for terms $a_{3k+4}=4k+5$...
It is not the place here to recall the theory of continued fractions. It suffices to say that we work with convergents, the $n$th convergent being the rational number obtained by stopping at the $n$th level, erasing everything situated to the right and the bottom of $a_n$ ; here are the first convergents in our case :
$$c_0=1,\ c_1=1+\cfrac{1}{1}=2, \ c_2=1+\cfrac{1}{1+\cfrac{1}{1}}=\frac32,$$
$$c_3=1+\cfrac{1}{1+\cfrac{1}{1+\cfrac{1}{1}}}=\frac53,\ c_4=1+\cfrac{1}{1+\cfrac{1}{1+\cfrac{1}{1+\cfrac{1}{5}}}}=\frac{28}{17},... $$
It is known that it is among these convergents that one can find the closest rational approximations of the given real number. Moreover, you may have observed that the sequence $c_n$ is alternated around its limit here $\sqrt{e}$ (at one time below, at next time above, etc.). Therefore, we can achieve closer and closer "bracketings" of $\sqrt{e}$ by rational approximations.
Remark: all $e^{\frac{1}{n}}, \ n>1$ have the same kind of continued fractions: see here.