Short Interest in Edible Garden AG Incorporated (NASDAQ:EDBLW) Grows By 85.7%

Edible Garden AG Incorporated (NASDAQ:EDBLW) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 18,296 shares, an increase of 85.7% from the December 31st total of 9,853 shares. Based on an average trading volume of 27,517 shares, the short-interest ratio is currently 0.7 days. Based on an average trading volume of 27,517 shares, the short-interest ratio is currently 0.7 days.

Edible Garden Trading Down 42.6%

Shares of EDBLW traded down $0.10 during midday trading on Friday, hitting $0.13. The company’s stock had a trading volume of 35,038 shares, compared to its average volume of 22,379. Edible Garden has a one year low of $0.02 and a one year high of $0.36. The company’s fifty day simple moving average is $0.15 and its two-hundred day simple moving average is $0.15.

Edible Garden Company Profile

Edible Garden AG (NASDAQ: EDBLW) is a provider of proprietary research, development and manufacturing services for plant-based ingredients, serving the global food and beverage industry. The company focuses on extracting and processing plant proteins and fibers to create functional solutions that enable manufacturers to develop sustainable, plant-based alternatives across multiple product categories.

Edible Garden’s product portfolio includes protein isolates and concentrates, texturizing agents, starches and functional fibers derived primarily from peas and other legumes.