Brooge Energy (NASDAQ:BROG) Shares Gap Down to $6.19

Brooge Energy Limited (NASDAQ:BROGGet Rating) shares gapped down before the market opened on Monday . The stock had previously closed at $6.19, but opened at $6.00. Brooge Energy shares last traded at $5.75, with a volume of 640 shares trading hands.

Brooge Energy Trading Up 3.5 %

The business has a fifty day moving average price of $5.76 and a 200 day moving average price of $7.21.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Brooge Energy stock. Bluefin Capital Management LLC increased its position in shares of Brooge Energy Limited (NASDAQ:BROGGet Rating) by 18.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 49,208 shares of the company’s stock after acquiring an additional 7,578 shares during the period. Bluefin Capital Management LLC’s holdings in Brooge Energy were worth $382,000 at the end of the most recent quarter. 3.16% of the stock is owned by institutional investors and hedge funds.

About Brooge Energy

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Brooge Energy Ltd. operates as an independent oil refinery and storage company. It offers midstream oil storage and services through its subsidiary. The company was founded on April 12, 2019 and is headquartered in Fujairah, United Arab Emirates.

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