Short Interest in Camber Energy Inc (CEI) Grows By 9.6%
Camber Energy Inc (NYSEAMERICAN:CEI) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 3,499,518 shares, a growth of 9.6% from the October 31st total of 3,192,016 shares. Based on an average trading volume of 12,282,666 shares, the short-interest ratio is currently 0.3 days. Approximately 25.9% of the company’s stock are short sold.
Shares of Camber Energy (CEI) opened at $0.16 on Friday. Camber Energy has a 12-month low of $0.14 and a 12-month high of $1.64.
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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