PEDEVCO Corp. (NYSEAMERICAN:PED) Short Interest Update

PEDEVCO Corp. (NYSEAMERICAN:PED - Get Free Report) saw a large drop in short interest in February. As of February 28th, there was short interest totalling 13,000 shares, a drop of 60.5% from the February 13th total of 32,900 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 124,300 shares, the short-interest ratio is presently 0.1 days.

PEDEVCO Stock Performance

Shares of PEDEVCO stock traded down $0.00 during trading on Monday, reaching $0.73. The company's stock had a trading volume of 54,469 shares, compared to its average volume of 131,419. PEDEVCO has a 52-week low of $0.69 and a 52-week high of $1.10. The stock has a market capitalization of $63.70 million, a price-to-earnings ratio of 24.40 and a beta of 1.32.

About PEDEVCO

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.