Brooge Energy Limited (NASDAQ:BROGW) Sees Significant Growth in Short Interest

Brooge Energy Limited (NASDAQ:BROGWGet Free Report) saw a large growth in short interest in November. As of November 15th, there was short interest totalling 10,600 shares, a growth of 96.3% from the October 31st total of 5,400 shares. Based on an average daily volume of 27,400 shares, the days-to-cover ratio is presently 0.4 days.

Brooge Energy Price Performance

Shares of BROGW stock remained flat at $0.00 during midday trading on Friday. 9,347 shares of the stock were exchanged, compared to its average volume of 38,295. Brooge Energy has a 52 week low of $0.00 and a 52 week high of $0.09.

About Brooge Energy

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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.

Further Reading

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