Brooge Energy Limited (NASDAQ:BROG) Short Interest Down 17.6% in July

Brooge Energy Limited (NASDAQ:BROG) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totalling 127,300 shares, a drop of 17.6% from the July 15th total of 154,400 shares. Approximately 0.9% of the shares of the company are sold short. Based on an average daily volume of 52,300 shares, the short-interest ratio is presently 2.4 days.

Brooge Energy Stock Up 0.7 %

Brooge Energy stock traded up $0.01 during trading hours on Friday, hitting $0.98. 5,639 shares of the company traded hands, compared to its average volume of 26,859. Brooge Energy has a 1-year low of $0.80 and a 1-year high of $6.66. The firm’s 50-day simple moving average is $0.94 and its two-hundred day simple moving average is $1.49.

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.