Brooge Energy Limited (NASDAQ:BROGW) Sees Significant Increase in Short Interest

by · The Cerbat Gem

Brooge Energy Limited (NASDAQ:BROGWGet Free Report) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 6,600 shares, a growth of 112.9% from the September 15th total of 3,100 shares. Based on an average trading volume of 16,400 shares, the days-to-cover ratio is currently 0.4 days.

Brooge Energy Price Performance

Shares of NASDAQ:BROGW remained flat at $0.00 during midday trading on Friday. Brooge Energy has a 1 year low of $0.00 and a 1 year high of $0.09.

Brooge Energy Company Profile

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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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