PEDEVCO Corp. (NYSEAMERICAN:PED) Short Interest Update

PEDEVCO Corp. (NYSEAMERICAN:PED) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 49,900 shares, a growth of 143.4% from the March 31st total of 20,500 shares. Based on an average trading volume of 124,900 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the company’s shares are short sold.

PEDEVCO Price Performance

Shares of NYSEAMERICAN:PED traded down $0.00 during trading hours on Monday, hitting $0.54. 71,027 shares of the company’s stock traded hands, compared to its average volume of 135,537. PEDEVCO has a 1 year low of $0.47 and a 1 year high of $1.10. The firm has a market capitalization of $47.24 million, a PE ratio of 18.10 and a beta of 1.32.

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.