Edible Garden AG Incorporated (NASDAQ:EDBLW) Short Interest Down 18.2% in January

Edible Garden AG Incorporated (NASDAQ:EDBLW) was the target of a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 14,962 shares, a decline of 18.2% from the January 15th total of 18,296 shares. Based on an average daily volume of 10,425 shares, the short-interest ratio is currently 1.4 days. Based on an average daily volume of 10,425 shares, the short-interest ratio is currently 1.4 days.

Edible Garden Price Performance

NASDAQ:EDBLW opened at $0.10 on Wednesday. The business’s fifty day moving average price is $0.14 and its 200 day moving average price is $0.15. Edible Garden has a 12 month low of $0.02 and a 12 month high of $0.36.

About Edible Garden

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.