Kolibri Global Energy Inc. (NASDAQ:KGEI) Short Interest Up 14.9% in December

Kolibri Global Energy Inc. (NASDAQ:KGEI) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 13,100 shares, an increase of 14.9% from the December 15th total of 11,400 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 21,400 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Kolibri Global Energy stock. National Bank of Canada FI purchased a new position in Kolibri Global Energy Inc. (NASDAQ:KGEI) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 43,808 shares of the company’s stock, valued at approximately $140,000. National Bank of Canada FI owned about 0.12% of Kolibri Global Energy as of its most recent SEC filing. 27.26% of the stock is owned by institutional investors.

Kolibri Global Energy Stock Down 3.6 %

Kolibri Global Energy stock traded down $0.25 during trading on Friday, reaching $6.62. The stock had a trading volume of 164,504 shares, compared to its average volume of 32,322. Kolibri Global Energy has a 52-week low of $2.84 and a 52-week high of $7.00. The business has a 50 day moving average price of $4.96 and a 200 day moving average price of $3.87. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.17. The stock has a market cap of $235.41 million, a PE ratio of 13.79, a P/E/G ratio of 0.79 and a beta of -0.02.

Kolibri Global Energy Company Profile

Kolibri Global Energy Inc engages in the finding and exploiting oil, gas, and clean and sustainable energy in the United States. It sells crude oil, natural gas, and natural gas liquids. The company was formerly known as BNK Petroleum Inc and changed its name to Kolibri Global Energy Inc in November 2020.