Brooge Energy Limited (NASDAQ:BROG) Short Interest Update

Brooge Energy Limited (NASDAQ:BROG) was the target of a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 57,000 shares, a decline of 6.9% from the December 31st total of 61,200 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average trading volume of 28,300 shares, the short-interest ratio is currently 2.0 days.

Brooge Energy Trading Down 0.5 %

Shares of NASDAQ:BROG traded down $0.01 on Monday, hitting $1.03. 32,713 shares of the company’s stock were exchanged, compared to its average volume of 108,063. Brooge Energy has a 1-year low of $0.80 and a 1-year high of $6.66. The firm’s 50-day moving average is $1.33 and its 200 day moving average is $1.33.

Brooge Energy Company Profile

Brooge Energy Limited, through its subsidiaries, provides oil storage and related services at the Port of Fujairah in the United Arab Emirates. It operates phase I and phase II facilities comprising 22 tanks with a capacity of approximately 1,001,388 cubic meters for offering storage, heating, and blending of fuel oil and clean petroleum products, including aviation fuel, gas oil, gasoline, marine gas oil, and naphtha.