Camber Energy, Inc. (NYSEAMERICAN:CEI) Short Interest Update

Camber Energy, Inc. (NYSEAMERICAN:CEI) was the target of a significant drop in short interest in March. As of March 31st, there was short interest totalling 6,390,000 shares, a drop of 10.3% from the March 15th total of 7,120,000 shares. Based on an average daily volume of 3,620,000 shares, the short-interest ratio is presently 1.8 days.

Camber Energy Stock Performance

Shares of CEI stock opened at $0.22 on Monday. Camber Energy has a 52-week low of $0.15 and a 52-week high of $1.75. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.62 and a quick ratio of 0.31.

Hedge Funds Weigh In On Camber Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in CEI. UBS Group AG bought a new position in shares of Camber Energy during the second quarter worth about $25,000. Cetera Investment Advisers bought a new position in shares of Camber Energy during the fourth quarter worth about $29,000. Northern Trust Corp grew its holdings in shares of Camber Energy by 85.5% during the fourth quarter. Northern Trust Corp now owns 179,870 shares of the oil and natural gas company’s stock worth $41,000 after buying an additional 82,901 shares in the last quarter. Two Sigma Securities LLC bought a new position in shares of Camber Energy during the second quarter worth about $47,000. Finally, CIBC Asset Management Inc bought a new position in shares of Camber Energy during the first quarter worth about $49,000. 3.93% of the stock is owned by institutional investors.

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.