Camber Energy Inc (NYSEAMERICAN:CEI) saw an uptick in trading volume on Wednesday . 18,020,600 shares changed hands during trading, an increase of 760% from the previous session’s volume of 2,095,166 shares.The stock last traded at $0.27 and had previously closed at $0.24.
Hedge funds have recently made changes to their positions in the stock. Two Sigma Securities LLC purchased a new stake in Camber Energy in the fourth quarter worth $27,000. Bank of New York Mellon Corp bought a new position in Camber Energy in the fourth quarter worth $39,000. Vanguard Group Inc bought a new position in Camber Energy in the third quarter worth $58,000. Finally, Virtu Financial LLC raised its holdings in Camber Energy by 423.2% in the first quarter. Virtu Financial LLC now owns 190,707 shares of the oil and natural gas company’s stock worth $73,000 after purchasing an additional 154,255 shares in the last quarter.
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Camber Energy, Inc, an independent oil and natural gas company, engages in the acquisition, development, and sale of crude oil, natural gas, and natural gas liquids (NGL) in Texas and Oklahoma. The company holds interests in approximately 13,000 net acres of producing fields located primarily in the Hunton formation in Lincoln, Logan and Payne, and Okfuskee Counties, in central Oklahoma; the Cline shale and upper Wolfberry shale in Glasscock County, Texas; and Hutchinson County, Texas.
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