Shares of Camber Energy Inc (NYSEAMERICAN:CEI) dropped 9.8% on Tuesday . The company traded as low as $0.22 and last traded at $0.23, approximately 5,302,607 shares traded hands during trading. An increase of 215% from the average daily volume of 1,683,039 shares. The stock had previously closed at $0.25.

A hedge fund recently raised its stake in Camber Energy stock. Virtu Financial LLC increased its holdings in shares of Camber Energy Inc (NYSEAMERICAN:CEI) by 423.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 190,707 shares of the oil and natural gas company’s stock after buying an additional 154,255 shares during the quarter. Virtu Financial LLC owned 1.51% of Camber Energy worth $73,000 as of its most recent filing with the Securities and Exchange Commission.

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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