Brooge Energy Limited (NASDAQ:BROG) Short Interest Update

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

Brooge Energy Trading Up 0.4 %

Brooge Energy stock traded up $0.01 during midday trading on Friday, hitting $1.26. 10,163 shares of the company’s stock were exchanged, compared to its average volume of 30,052. The firm’s 50 day simple moving average is $1.38 and its 200 day simple moving average is $1.31. Brooge Energy has a 12-month low of $0.80 and a 12-month high of $6.66.

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.