Camber Energy Inc (CEI) Short Interest Up 7.7% in January

Camber Energy Inc (NYSEAMERICAN:CEI) saw a significant increase in short interest in January. As of January 31st, there was short interest totalling 5,011,043 shares, an increase of 7.7% from the January 12th total of 4,651,905 shares. Based on an average daily trading volume, of 3,511,923 shares, the short-interest ratio is presently 1.4 days. Approximately 8.5% of the shares of the stock are short sold.

Shares of Camber Energy (CEI) remained flat at $$0.12 during trading on Friday. 3,735,426 shares of the stock were exchanged, compared to its average volume of 4,696,082. Camber Energy has a one year low of $0.10 and a one year high of $1.09. The company has a market capitalization of $8.06, a PE ratio of -0.06 and a beta of 0.93.

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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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