Brooge Energy Limited (NASDAQ:BROG) Short Interest Down 33.7% in October

Brooge Energy Limited (NASDAQ:BROG - Get Free Report) was the recipient of a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 32,700 shares, a decline of 33.7% from the September 30th total of 49,300 shares. Based on an average daily trading volume, of 34,900 shares, the short-interest ratio is presently 0.9 days. Approximately 0.2% of the company's stock are short sold.

Brooge Energy Trading Up 10.0 %

Shares of NASDAQ BROG traded up $0.17 during trading hours on Friday, hitting $1.87. 32,465 shares of the stock were exchanged, compared to its average volume of 253,122. Brooge Energy has a 12 month low of $0.80 and a 12 month high of $6.66. The firm has a fifty day moving average price of $1.40 and a 200-day moving average price of $1.13.

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.