Brooge Energy Limited (NASDAQ:BROGW) Short Interest Up 36.8% in April

Brooge Energy Limited (NASDAQ:BROGW) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 2,600 shares, a growth of 36.8% from the March 31st total of 1,900 shares. Based on an average daily volume of 40,500 shares, the days-to-cover ratio is currently 0.1 days.

Brooge Energy Stock Performance

BROGW traded down $0.10 during trading on Monday, reaching $0.01. The firm’s 50 day moving average price is $0.04 and its 200-day moving average price is $0.03. Brooge Energy has a one year low of $0.00 and a one year high of $0.12.

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.