Camber Energy Inc (CEI) Short Interest Up 4.1% in October
Camber Energy Inc (NYSE:CEI) was the recipient of a large increase in short interest in the month of October. As of October 13th, there was short interest totalling 2,775,007 shares, an increase of 4.1% from the September 29th total of 2,665,993 shares. Based on an average daily volume of 1,978,904 shares, the short-interest ratio is presently 1.4 days. Approximately 18.8% of the shares of the company are sold short.
Shares of Camber Energy (NYSE CEI) traded down 3.141% during mid-day trading on Tuesday, reaching $0.148. 1,496,469 shares of the company were exchanged. Camber Energy has a 12 month low of $0.15 and a 12 month high of $1.97. The company’s 50-day moving average is $0.17 and its 200 day moving average is $0.24. The firm’s market capitalization is $5.06 million.
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Camber Energy Company Profile
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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