Short Interest in Brooge Energy Limited (NASDAQ:BROGW) Drops By 25.5%

Brooge Energy Limited (NASDAQ:BROGW) was the target of a significant drop in short interest during the month of June. As of June 30th, there was short interest totalling 4,100 shares, a drop of 25.5% from the June 15th total of 5,500 shares. Based on an average trading volume of 32,800 shares, the short-interest ratio is presently 0.1 days.

Brooge Energy Price Performance

Brooge Energy stock traded up $0.00 during mid-day trading on Monday, hitting $0.00. The stock had a trading volume of 200 shares, compared to its average volume of 40,027. The stock has a 50-day simple moving average of $0.02 and a two-hundred day simple moving average of $0.03. Brooge Energy has a 12 month low of $0.00 and a 12 month high of $0.09.

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.