Brooge Energy Limited (NASDAQ:BROG - Get Free Report) saw a significant increase in short interest in May. As of May 31st, there was short interest totalling 421,000 shares, an increase of 1,419.9% from the May 15th total of 27,700 shares. Based on an average daily volume of 469,800 shares, the short-interest ratio is presently 0.9 days. Currently, 2.9% of the company's stock are short sold.
Brooge Energy Stock Up 1.1%
BROG stock traded up $0.03 during midday trading on Thursday, hitting $2.70. The company's stock had a trading volume of 68,539 shares, compared to its average volume of 302,300. The company's fifty day moving average price is $1.60 and its 200 day moving average price is $1.39. Brooge Energy has a twelve month low of $0.81 and a twelve month high of $4.78.
About Brooge Energy
(
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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.
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