PEDEVCO Corp. (NYSEAMERICAN:PED) Short Interest Update

PEDEVCO Corp. (NYSEAMERICAN:PED) saw a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 32,900 shares, a growth of 33.2% from the January 31st total of 24,700 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 123,900 shares, the short-interest ratio is presently 0.3 days.

PEDEVCO Price Performance

Shares of PED stock traded down $0.02 on Tuesday, hitting $0.70. 125,456 shares of the stock were exchanged, compared to its average volume of 151,586. The stock has a market capitalization of $61.08 million, a P/E ratio of 23.40 and a beta of 1.32. PEDEVCO has a fifty-two week low of $0.65 and a fifty-two week high of $1.10.

PEDEVCO Company Profile

PEDEVCO Corp., an oil and gas company, focuses on the acquisition, development, and production of oil and natural gas assets in the United States. It holds interests in the Permian Basin asset covering an area of approximately 22,721 net acres located in New Mexico; and D-J Basin asset covering an area of approximately 19,214 net acres located in Wyoming.