PEDEVCO Corp. (NYSEAMERICAN:PED) Short Interest Update

PEDEVCO Corp. (NYSEAMERICAN:PED) saw a large increase in short interest in March. As of March 31st, there was short interest totalling 20,500 shares, an increase of 35.8% from the March 15th total of 15,100 shares. Based on an average daily trading volume, of 146,600 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

PEDEVCO Price Performance

Shares of PED opened at $0.56 on Monday. The stock has a market cap of $48.73 million, a price-to-earnings ratio of 18.67 and a beta of 1.32. PEDEVCO has a 12 month low of $0.47 and a 12 month 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.