Brooge Energy Limited (NASDAQ:BROG) Short Interest Update

Brooge Energy Limited (NASDAQ:BROG) saw a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 19,200 shares, a drop of 17.2% from the February 13th total of 23,200 shares. Based on an average daily trading volume, of 48,800 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the company are short sold.

Brooge Energy Stock Down 14.2 %

NASDAQ:BROG opened at $1.10 on Tuesday. The business’s 50 day moving average is $1.20 and its two-hundred day moving average is $1.38. Brooge Energy has a 52 week low of $0.80 and a 52 week 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.