Brooge Energy Limited (NASDAQ:BROG) Shares Sold by Magnetar Financial LLC

Magnetar Financial LLC reduced its holdings in Brooge Energy Limited (NASDAQ:BROG) by 14.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,630,899 shares of the company’s stock after selling 935,545 shares during the quarter. Magnetar Financial LLC owned approximately 5.14% of Brooge Energy worth $5,265,000 as of its most recent filing with the Securities and Exchange Commission.

Brooge Energy Stock Performance

BROG opened at $1.61 on Monday. Brooge Energy Limited has a 12 month low of $0.80 and a 12 month high of $6.66. The business has a 50-day moving average of $1.04 and a two-hundred day moving average of $1.21.

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.