Brooge Energy Limited (NASDAQ:BROG) Short Interest Up 35.4% in November

Brooge Energy Limited (NASDAQ:BROG) saw a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 35,200 shares, a growth of 35.4% from the October 31st total of 26,000 shares. Based on an average daily volume of 35,300 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.3% of the company’s stock are sold short.

Brooge Energy Trading Down 5.0 %

Shares of BROG traded down $0.07 during midday trading on Friday, reaching $1.32. 25,705 shares of the company were exchanged, compared to its average volume of 17,823. Brooge Energy has a 1-year low of $0.80 and a 1-year high of $6.66. The stock has a 50-day moving average price of $1.58 and a 200-day moving average price of $1.20.

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.