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

Kolibri Global Energy Inc. (NASDAQ:KGEI) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 13,100 shares, a growth of 14.9% from the December 31st total of 11,400 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 21,400 shares, the short-interest ratio is currently 0.6 days.

Kolibri Global Energy Stock Performance

Shares of KGEI opened at $7.52 on Friday. The firm’s fifty day simple moving average is $5.70 and its two-hundred day simple moving average is $4.14. Kolibri Global Energy has a 12 month low of $2.84 and a 12 month high of $7.80. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $266.66 million, a P/E ratio of 15.67, a price-to-earnings-growth ratio of 0.92 and a beta of -0.02.

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 its most recent 13F 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 filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 27.26% of the company’s stock.

About Kolibri Global Energy

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.