Camber Energy Inc (CEI) Short Interest Up 6.4% in December

Camber Energy Inc (NYSEAMERICAN:CEI) was the target of a significant increase in short interest during the month of December. As of December 29th, there was short interest totalling 4,079,122 shares, an increase of 6.4% from the December 15th total of 3,835,130 shares. Currently, 6.9% of the company’s shares are sold short. Based on an average daily trading volume, of 3,102,452 shares, the short-interest ratio is presently 1.3 days.

Shares of Camber Energy (NYSEAMERICAN CEI) opened at $0.13 on Friday. Camber Energy has a 12 month low of $0.10 and a 12 month high of $1.09. The company has a market cap of $9.12, a P/E ratio of -0.07 and a beta of 1.11.

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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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