Kolibri Global Energy Inc. (NASDAQ:KGEI) Short Interest Update

Kolibri Global Energy Inc. (NASDAQ:KGEI) was the recipient of a large increase in short interest in January. As of January 31st, there was short interest totalling 73,800 shares, an increase of 91.7% from the January 15th total of 38,500 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 60,200 shares, the short-interest ratio is presently 1.2 days.

Kolibri Global Energy Stock Up 0.9 %

Shares of KGEI traded up $0.08 during trading hours on Friday, hitting $8.55. The company had a trading volume of 109,143 shares, compared to its average volume of 121,396. The company has a market capitalization of $303.18 million, a PE ratio of 17.81, a price-to-earnings-growth ratio of 0.97 and a beta of 0.02. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.17. Kolibri Global Energy has a one year low of $2.85 and a one year high of $8.77. The company’s fifty day moving average price is $6.43 and its two-hundred day moving average price is $4.44.

Institutional Trading of Kolibri Global Energy

A hedge fund recently bought a new stake in Kolibri Global Energy stock. National Bank of Canada FI acquired a new stake in shares of Kolibri Global Energy Inc. (NASDAQ:KGEI) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 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. 27.26% of the stock is currently owned by institutional investors and hedge funds.

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.