Brooge Energy Limited (NASDAQ:BROG) Short Interest Down 6.9% in January

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

Brooge Energy Trading Down 0.5 %

NASDAQ BROG traded down $0.01 on Monday, hitting $1.03. 32,713 shares of the stock traded hands, compared to its average volume of 108,063. The stock has a 50-day moving average of $1.33 and a 200 day moving average of $1.33. Brooge Energy has a twelve month low of $0.80 and a twelve 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.