Camber Energy Inc (NASDAQ:CEI) shares are trading higher by 18.39% at $1.03. Oil and energy companies are trading higher as oil prices gain. Libya production outages and the Russia-Ukraine conflict have driven prices higher due supply concerns.
Traders and investors are also mentioning Camber Energy on social media as a potential short squeeze candidate. Camber Energy has a total share float of 360.11 million, of which 33.23 million shares are sold short, representing 9.23% of shares sold short.
