Brooge Energy Limited (NASDAQ:BROG) Short Interest Update

Brooge Energy Limited (NASDAQ:BROG) was the target of a significant drop in short interest in February. As of February 15th, there was short interest totalling 23,200 shares, a drop of 21.1% from the January 31st total of 29,400 shares. Based on an average daily trading volume, of 47,600 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.2% of the shares of the company are sold short.

Brooge Energy Stock Up 0.9 %

Brooge Energy stock opened at $1.11 on Wednesday. The business has a 50 day moving average price of $1.24 and a two-hundred day moving average price of $1.36. Brooge Energy has a 12 month low of $0.80 and a 12 month high of $6.66.

About Brooge Energy

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.