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

Brooge Energy Limited (NASDAQ:BROG) saw a large growth in short interest during 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. Currently, 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 35,300 shares, the days-to-cover ratio is currently 1.0 days.

Brooge Energy Price Performance

Shares of NASDAQ:BROG traded down $0.07 during midday trading on Friday, reaching $1.32. The company had a trading volume of 25,705 shares, compared to its average volume of 17,823. The company’s 50 day moving average price is $1.58 and its 200 day moving average price is $1.20. Brooge Energy has a 52-week low of $0.80 and a 52-week 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.