Camber Energy Inc (CEI) Short Interest Up 5.8% in September
Camber Energy Inc (NYSE:CEI) saw a significant growth in short interest in the month of September. As of September 29th, there was short interest totalling 2,665,993 shares, a growth of 5.8% from the September 15th total of 2,519,715 shares. Currently, 18.1% of the shares of the stock are short sold. Based on an average daily volume of 1,723,460 shares, the short-interest ratio is currently 1.5 days.
Shares of Camber Energy (NYSE:CEI) traded up 0.3493% on Tuesday, hitting $0.1695. The company had a trading volume of 3,140,577 shares. Camber Energy has a 1-year low of $0.15 and a 1-year high of $2.88. The company has a 50 day moving average price of $0.19 and a 200 day moving average price of $0.26. The firm’s market capitalization is $5.80 million.
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About Camber Energy
Camber Energy, Inc, formerly Lucas Energy, Inc, is an independent oil and natural gas company. The Company is engaged in the acquisition and development of crude oil and natural gas from various known productive geological formations, including the Austin Chalk and Eagle Ford formations, primarily in Gonzales, Wilson and Karnes Counties, south of the city of San Antonio, Texas.
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