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

Camber Energy, Inc. (NYSEAMERICAN:CEI) saw a significant decline in short interest in March. As of March 31st, there was short interest totalling 6,390,000 shares, a decline 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 days-to-cover ratio is currently 1.8 days.

Institutional Investors Weigh In On Camber Energy

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. UBS Group AG increased its holdings in Camber Energy by 147.4% in the first quarter. UBS Group AG now owns 16,033 shares of the oil and natural gas company’s stock valued at $25,000 after purchasing an additional 9,552 shares during the last quarter. Cetera Investment Advisers bought a new stake in shares of Camber Energy in the fourth quarter worth about $29,000. Northern Trust Corp increased its holdings in shares of Camber Energy by 6.1% in the first quarter. Northern Trust Corp now owns 453,277 shares of the oil and natural gas company’s stock worth $384,000 after acquiring an additional 25,974 shares in the last quarter. CIBC Asset Management Inc bought a new stake in shares of Camber Energy in the first quarter worth about $49,000. Finally, BlackRock Inc. increased its holdings in shares of Camber Energy by 1.1% in the first quarter. BlackRock Inc. now owns 3,078,129 shares of the oil and natural gas company’s stock worth $2,606,000 after acquiring an additional 34,270 shares in the last quarter. Institutional investors own 3.93% of the company’s stock.

Camber Energy Stock Performance

Shares of CEI stock traded down $0.01 on Wednesday, reaching $0.18. 3,905,394 shares of the stock were exchanged, compared to its average volume of 4,530,704. Camber Energy has a one year low of $0.15 and a one year high of $1.68. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.31 and a current ratio of 0.62.

Camber Energy Company Profile

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.