Brooge Energy Limited (NASDAQ:BROGW – Get Rating) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 21,800 shares, an increase of 28.2% from the November 30th total of 17,000 shares. Based on an average daily trading volume, of 10,900 shares, the short-interest ratio is presently 2.0 days.

Institutional Trading of Brooge Energy

A hedge fund recently raised its stake in Brooge Energy stock. Difesa Capital Management LP grew its stake in Brooge Energy Limited (NASDAQ:BROGW – Get Rating) by 80.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 560,390 shares of the company's stock after buying an additional 250,000 shares during the period. Difesa Capital Management LP's holdings in Brooge Energy were worth $151,000 as of its most recent SEC filing.

Brooge Energy Stock Performance

Shares of Brooge Energy stock traded up $0.18 during midday trading on Monday, hitting $0.20. The company's stock had a trading volume of 2,800 shares, compared to its average volume of 37,938. The stock has a 50-day simple moving average of $0.18 and a 200-day simple moving average of $0.21. Brooge Energy has a 1-year low of $0.05 and a 1-year high of $0.55.

Recommended Stories

• Get a free copy of the StockNews.com research report on Brooge Energy (BROGW)
• MarketBeat: Week in Review 12/26 – 12/30
• The Dogs Of Tech: It's Time For A Bite Of These Stocks
• Does This Acquisition Make Microsoft a Bear Market Buy?
• Is Kintara Therapeutics A Hidden Gem?
• Should You Warm up to Generac Stock for the Winter?

Receive News & Ratings for Brooge Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brooge Energy and related companies with MarketBeat.com's FREE daily email newsletter.