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

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

Kolibri Global Energy Stock Down 3.6 %

NASDAQ KGEI opened at $6.62 on Friday. The stock’s 50 day simple moving average is $4.96 and its 200 day simple moving average is $3.87. Kolibri Global Energy has a one year low of $2.84 and a one year high of $7.00. The firm has a market cap of $235.41 million, a PE ratio of 13.79, a price-to-earnings-growth ratio of 0.79 and a beta of -0.02. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.67 and a quick ratio of 0.67.

Institutional Trading of Kolibri Global Energy

An institutional investor recently bought a new position in Kolibri Global Energy stock. National Bank of Canada FI purchased a new position in shares of Kolibri Global Energy Inc. (NASDAQ:KGEI) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 43,808 shares of the company’s stock, valued at approximately $140,000. National Bank of Canada FI owned approximately 0.12% of Kolibri Global Energy as of its most recent SEC filing. Institutional investors and hedge funds own 27.26% of the company’s stock.

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.