Camber Energy Inc (NYSEAMERICAN:CEI) was the recipient of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 4,854,516 shares, a growth of 8.3% from the October 15th total of 4,484,385 shares. Currently, 12.2% of the company’s shares are sold short. Based on an average daily volume of 5,856,877 shares, the days-to-cover ratio is presently 0.8 days.
Camber Energy stock opened at $0.19 on Friday. Camber Energy has a 52 week low of $0.15 and a 52 week high of $6.25.
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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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