Short Interest in Kolibri Global Energy Inc. (NASDAQ:KGEI) Grows By 14.9%

Kolibri Global Energy Inc. (NASDAQ:KGEI - Get Free Report) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 13,100 shares, an increase of 14.9% from the December 31st total of 11,400 shares. Approximately 0.0% of the company's stock are sold short. Based on an average trading volume of 21,400 shares, the short-interest ratio is currently 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 acquired a new stake in Kolibri Global Energy Inc. (NASDAQ:KGEI - Free Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 43,808 shares of the company's stock, valued at approximately $140,000. National Bank of Canada FI owned 0.12% of Kolibri Global Energy at the end of the most recent reporting period. 27.26% of the stock is owned by institutional investors and hedge funds.

Kolibri Global Energy Stock Down 0.5 %

NASDAQ:KGEI traded down $0.04 during trading hours on Wednesday, reaching $7.48. 93,444 shares of the stock were exchanged, compared to its average volume of 109,531. The firm has a 50 day moving average of $5.83 and a 200 day moving average of $4.20. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.67 and a quick ratio of 0.67. Kolibri Global Energy has a twelve month low of $2.84 and a twelve month high of $7.91. The stock has a market cap of $265.06 million and a PE ratio of 15.57.

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.