Camber Energy (NYSEAMERICAN:CEI) Shares Down 11.8%

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Camber Energy Inc (NYSEAMERICAN:CEI)’s stock price traded down 11.8% during mid-day trading on Tuesday . The company traded as low as $0.28 and last traded at $0.30, 7,427,933 shares traded hands during mid-day trading. An increase of 404% from the average session volume of 1,473,303 shares. The stock had previously closed at $0.34.

A hedge fund recently bought a new stake in Camber Energy stock. Bank of New York Mellon Corp acquired a new position in shares of Camber Energy Inc (NYSEAMERICAN:CEI) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 33,016 shares of the oil and natural gas company’s stock, valued at approximately $39,000. Bank of New York Mellon Corp owned approximately 0.56% of Camber Energy as of its most recent filing with the SEC.

About Camber Energy (NYSEAMERICAN:CEI)

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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