PEDEVCO Corp. (NYSEAMERICAN:PED - Get Free Report) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 16,900 shares, a growth of 177.0% from the December 31st total of 6,100 shares. Based on an average trading volume of 88,800 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company's shares are sold short.
PEDEVCO Price Performance
NYSEAMERICAN:PED traded up $0.00 during mid-day trading on Friday, hitting $0.79. The company had a trading volume of 87,239 shares, compared to its average volume of 201,772. PEDEVCO has a 1 year low of $0.65 and a 1 year high of $1.10. The firm has a market capitalization of $68.74 million, a PE ratio of 26.34 and a beta of 1.32.
About PEDEVCO
(
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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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