PEDEVCO Corp. (NYSEAMERICAN:PED - Get Free Report) was the recipient of a significant drop in short interest in December. As of December 15th, there was short interest totalling 6,100 shares, a drop of 60.4% from the November 30th total of 15,400 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 94,100 shares, the short-interest ratio is currently 0.1 days.
PEDEVCO Stock Up 3.3 %
Shares of PED traded up $0.02 during midday trading on Friday, reaching $0.75. The company had a trading volume of 93,590 shares, compared to its average volume of 97,872. The company has a market capitalization of $65.02 million, a PE ratio of 24.91 and a beta of 1.32. PEDEVCO has a 1-year low of $0.61 and a 1-year high of $1.10.
PEDEVCO Company Profile
(
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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.
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