Camber Energy Inc (CEI) Sees Large Increase in Short Interest

Camber Energy Inc (NYSE:CEI) was the target of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 3,192,016 shares, an increase of 15.0% from the October 13th total of 2,775,007 shares. Approximately 23.6% of the shares of the stock are short sold. Based on an average daily volume of 2,552,199 shares, the days-to-cover ratio is presently 1.3 days.

Shares of Camber Energy (CEI) opened at $0.20 on Friday. Camber Energy has a 52-week low of $0.14 and a 52-week high of $1.94.

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About Camber Energy

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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