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

Brooge Energy Limited (NASDAQ:BROGW) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totalling 6,600 shares, an increase of 112.9% from the September 15th total of 3,100 shares. Based on an average daily volume of 16,400 shares, the days-to-cover ratio is currently 0.4 days.

Brooge Energy Price Performance

Shares of BROGW stock remained flat at $0.00 during mid-day trading on Friday. Brooge Energy has a 52 week low of $0.00 and a 52 week high of $0.09.

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.