PEDEVCO Corp. (NYSEAMERICAN:PED) was the recipient of a significant decline in short interest in the month of November. As of November 30th, there was short interest totalling 194,863 shares, a decline of 3.2% from the November 15th total of 201,294 shares. Currently, 6.9% of the company’s shares are sold short. Based on an average trading volume of 248,373 shares, the days-to-cover ratio is presently 0.8 days.

PEDEVCO (NYSEAMERICAN:PED) remained flat at $$0.31 during mid-day trading on Monday. 102,900 shares of the stock traded hands, compared to its average volume of 127,933. PEDEVCO has a 1 year low of $0.10 and a 1 year high of $1.69.

COPYRIGHT VIOLATION NOTICE: This news story was posted by American Banking News and is the property of of American Banking News. If you are viewing this news story on another domain, it was copied illegally and republished in violation of U.S. and international copyright and trademark laws. The correct version of this news story can be read at https://www.americanbankingnews.com/2017/12/18/pedevco-corp-ped-short-interest-update.html.

About PEDEVCO

PEDEVCO Corp. is an energy company, which is engaged in the acquisition, exploration, development and production of oil and natural gas shale plays in the Denver-Julesberg Basin (D-J Basin) in Colorado. The D-J Basin contains hydrocarbon bearing deposits in several formations, including the Niobrara, Codell, Greenhorn, Shannon, J-Sand and D-Sand.

Receive News & Ratings for PEDEVCO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PEDEVCO and related companies with MarketBeat.com's FREE daily email newsletter.