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

Kolibri Global Energy Inc. (NASDAQ:KGEI) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 18,000 shares, a growth of 28.6% from the September 30th total of 14,000 shares. Based on an average trading volume of 6,900 shares, the days-to-cover ratio is currently 2.6 days. Approximately 0.1% of the shares of the stock are sold short.

Kolibri Global Energy Stock Performance

NASDAQ KGEI opened at $3.26 on Wednesday. Kolibri Global Energy has a fifty-two week low of $2.84 and a fifty-two week high of $4.67. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.83 and a current ratio of 0.83. The stock’s fifty day moving average is $3.23 and its two-hundred day moving average is $3.29. The firm has a market capitalization of $116.50 million and a P/E ratio of 8.15.

Kolibri Global Energy (NASDAQ:KGEI) last issued its earnings results on Tuesday, August 13th. The company reported $0.11 EPS for the quarter, hitting analysts’ consensus estimates of $0.11. The company had revenue of $13.92 million for the quarter, compared to the consensus estimate of $14.27 million. Kolibri Global Energy had a net margin of 26.70% and a return on equity of 9.50%. On average, research analysts anticipate that Kolibri Global Energy will post 0.4 earnings per share for the current year.

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.