Camber Energy, Inc. (OTCMKTS:CEIN) Short Interest Update

Camber Energy, Inc. (OTCMKTS:CEIN) was the recipient of a significant growth in short interest in 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 trading volume, of 745,797 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 745,797 shares, the short-interest ratio is presently 0.5 days.

Camber Energy Stock Performance

OTCMKTS:CEIN opened at $0.04 on Tuesday. The company has a 50-day moving average of $0.04 and a 200-day moving average of $0.04. Camber Energy has a 52 week low of $0.01 and a 52 week high of $0.06. The company has a market capitalization of $9.82 million, a price-to-earnings ratio of -3.60 and a beta of -2.06.

Camber Energy (OTCMKTS:CEIN) last posted its earnings results on Wednesday, November 12th. The company reported ($0.02) earnings per share 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.