Edible Garden AG Incorporated (NASDAQ:EDBLW) Sees Significant Growth in Short Interest

Edible Garden AG Incorporated (NASDAQ:EDBLW) saw a significant 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 daily trading volume, of 27,517 shares, the short-interest ratio is presently 0.7 days. Based on an average daily trading volume, of 27,517 shares, the short-interest ratio is presently 0.7 days.

Edible Garden Stock Performance

NASDAQ EDBLW traded down $0.10 during mid-day trading on Friday, hitting $0.13. The stock had a trading volume of 30,458 shares, compared to its average volume of 22,077. The company has a 50 day simple moving average of $0.15 and a 200 day simple moving average of $0.15. Edible Garden has a 52-week low of $0.02 and a 52-week 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.