Short Interest in Brooge Energy Limited (NASDAQ:BROG) Expands By 20.0%

Brooge Energy Limited (NASDAQ:BROG) was the recipient of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 29,400 shares, a growth of 20.0% from the January 15th total of 24,500 shares. Based on an average daily volume of 46,100 shares, the short-interest ratio is presently 0.6 days. Approximately 0.2% of the shares of the stock are sold short.

Brooge Energy Stock Up 3.1 %

BROG stock opened at $1.35 on Monday. The stock’s 50 day moving average price is $1.29 and its 200 day moving average price is $1.34. Brooge Energy has a 1 year low of $0.80 and a 1 year 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.