Short Interest in Camber Energy Inc (CEI) Decreases By 91.4%

Camber Energy Inc (NYSEAMERICAN:CEI) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totalling 157,647 shares, a decline of 91.4% from the December 14th total of 1,827,440 shares. Approximately 2.6% of the company’s stock are sold short. Based on an average daily volume of 984,189 shares, the short-interest ratio is presently 0.2 days.

A hedge fund recently bought a new stake in Camber Energy stock. Vanguard Group Inc acquired a new stake in shares of Camber Energy Inc (NYSEAMERICAN:CEI) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 195,636 shares of the oil and natural gas company’s stock, valued at approximately $58,000. Vanguard Group Inc owned about 3.33% of Camber Energy at the end of the most recent reporting period.

Shares of NYSEAMERICAN CEI opened at $1.07 on Friday. Camber Energy has a 1 year low of $0.95 and a 1 year high of $87.50.

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About Camber Energy

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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