PEDEVCO Corp. (NYSEAMERICAN:PED - Get Free Report) was the target of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 32,900 shares, an increase of 33.2% from the January 31st total of 24,700 shares. Based on an average daily volume of 123,900 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are sold short.
PEDEVCO Trading Down 0.6 %
Shares of PEDEVCO stock traded down $0.00 on Friday, reaching $0.70. The stock had a trading volume of 29,938 shares, compared to its average volume of 143,674. PEDEVCO has a 1 year low of $0.68 and a 1 year high of $1.10. The company has a market cap of $61.02 million, a price-to-earnings ratio of 23.37 and a beta of 1.32.
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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