Short Interest in Camber Energy, Inc. (OTCMKTS:CEIN) Expands By 28.7%

Camber Energy, Inc. (OTCMKTS:CEIN) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 398,461 shares, a growth of 28.7% from the December 31st total of 309,497 shares. Based on an average daily volume of 745,797 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the shares of the stock are sold short. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 745,797 shares, the short-interest ratio is presently 0.5 days.

Camber Energy Stock Performance

Camber Energy stock opened at $0.03 on Wednesday. The stock has a fifty day moving average of $0.04 and a two-hundred day moving average of $0.04. The company has a market capitalization of $9.06 million, a price-to-earnings ratio of -3.32 and a beta of -2.06. Camber Energy has a fifty-two week low of $0.01 and a fifty-two week high of $0.06.

Camber Energy (OTCMKTS:CEIN) last issued its quarterly earnings data on Wednesday, November 12th. The company reported ($0.02) earnings per share (EPS) for the quarter.

About Camber Energy

Camber Energy, Inc is an independent oil and gas exploration and production company engaged in the acquisition, development and operation of onshore hydrocarbon assets in the United States. The company focuses on identifying opportunities in proven resource plays where it can apply modern drilling and completion techniques to enhance production and recover reserves cost-effectively.

Camber Energy’s core producing properties are located in South Louisiana and East Texas, with an emphasis on natural gas and light oil reservoirs.