Camber Energy, Inc. (NYSEAMERICAN:CEI) Short Interest Up 7.9% in June

Camber Energy, Inc. (NYSEAMERICAN:CEI) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 5,340,000 shares, an increase of 7.9% from the May 31st total of 4,950,000 shares. Based on an average daily volume of 9,070,000 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Camber Energy stock. Phraction Management LLC bought a new position in Camber Energy, Inc. (NYSEAMERICAN:CEI) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 356,299 shares of the oil and natural gas company’s stock, valued at approximately $81,000. Phraction Management LLC owned about 0.33% of Camber Energy as of its most recent filing with the Securities and Exchange Commission. 3.93% of the stock is owned by institutional investors and hedge funds.

Camber Energy Stock Performance

Shares of NYSEAMERICAN CEI opened at $0.12 on Thursday. The company has a debt-to-equity ratio of 2.05, a quick ratio of 0.21 and a current ratio of 0.52. Camber Energy has a 12-month low of $0.10 and a 12-month high of $1.27.

Camber Energy (NYSEAMERICAN:CEI) last released its quarterly earnings results on Friday, May 10th. The oil and natural gas company reported ($0.03) earnings per share for the quarter. Camber Energy had a negative return on equity of 100.29% and a negative net margin of 172.80%. The company had revenue of $8.29 million during the quarter.

About Camber Energy

Camber Energy, Inc provides custom energy and power solutions to commercial and industrial clients in North America. The company operates through two segments, Power Generation and Oil and Gas Exploration. It manufactures and supplies power generation products, services, and custom energy solutions; clean-tech energy systems, including combined heat and power, tier 4 final diesel, and natural gas industrial engines, solar, wind, and storage; designs and assembles electrical control equipment, such as switch gear, synchronization and paralleling gear, distribution, bi-fuel, and complete power generation production controls; and clean energy and carbon-capture systems to generate clean electricity.