PEDEVCO Corp. (NYSEAMERICAN:PED) Short Interest Update

PEDEVCO Corp. (NYSEAMERICAN:PED) was the recipient of a large 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. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 88,800 shares, the short-interest ratio is presently 0.2 days.

PEDEVCO Trading Up 0.5 %

Shares of NYSEAMERICAN:PED traded up $0.00 during mid-day trading on Friday, reaching $0.79. The company had a trading volume of 87,236 shares, compared to its average volume of 201,772. The stock has a market capitalization of $68.74 million, a PE ratio of 26.34 and a beta of 1.32. PEDEVCO has a one year low of $0.65 and a one year high of $1.10.

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.