Camber Energy Inc (NYSEAMERICAN:CEI) was the target of a large growth in short interest in May. As of May 15th, there was short interest totalling 1,137,300 shares, a growth of 6.6% from the April 15th total of 1,067,300 shares. Based on an average daily volume of 1,850,000 shares, the days-to-cover ratio is currently 0.6 days. Currently, 9.1% of the shares of the stock are sold short.
Institutional investors and hedge funds have recently bought and sold shares of the business. Two Sigma Securities LLC acquired a new stake in shares of Camber Energy during the 4th quarter worth approximately $27,000. Bank of New York Mellon Corp acquired a new stake in shares of Camber Energy during the 4th quarter worth approximately $39,000. Vanguard Group Inc acquired a new stake in shares of Camber Energy during the 3rd quarter worth approximately $58,000. Finally, Virtu Financial LLC grew its position in shares of Camber Energy by 423.2% during the 1st quarter. Virtu Financial LLC now owns 190,707 shares of the oil and natural gas company’s stock worth $73,000 after buying an additional 154,255 shares during the period.
Shares of Camber Energy stock traded up $0.48 during mid-day trading on Friday, reaching $3.70. 18,717,099 shares of the stock were exchanged, compared to its average volume of 753,861. Camber Energy has a fifty-two week low of $1.82 and a fifty-two week high of $462.50.
Camber Energy, Inc, an independent oil and natural gas company, engages in the acquisition, development, and sale of crude oil, natural gas, and natural gas liquids (NGL) in Texas and Oklahoma. The company holds interests in approximately 13,000 net acres of producing fields located primarily in the Hunton formation in Lincoln, Logan and Payne, and Okfuskee Counties, in central Oklahoma; the Cline shale and upper Wolfberry shale in Glasscock County, Texas; and Hutchinson County, Texas.
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