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

Edible Garden AG Incorporated (NASDAQ:EDBLW) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 73,913 shares, an increase of 228.5% from the September 15th total of 22,503 shares. Based on an average daily volume of 10,908 shares, the days-to-cover ratio is presently 6.8 days.

Edible Garden Price Performance

Shares of NASDAQ:EDBLW traded up $0.00 during midday trading on Friday, reaching $0.03. The company’s stock had a trading volume of 1,654 shares, compared to its average volume of 12,531. Edible Garden has a 1 year low of $0.02 and a 1 year high of $0.31. The business has a 50 day moving average price of $0.04 and a 200 day moving average price of $0.05.

About Edible Garden

Edible Garden AG Incorporated is a controlled-environment agriculture company that grows and markets fresh herbs, leafy greens and other produce in greenhouse and indoor farming facilities. Its operations are designed to provide locally grown products while supporting consistent quality and year-round production.

The company sells products under the Edible Garden brand, including living herbs, packaged herbs and lettuce, as well as related produce offerings. Its products are marketed primarily through grocery retailers and other food distribution channels in the United States, with an emphasis on serving customers in regional markets.

Edible Garden has also pursued sustainability-focused farming and packaging practices, including efforts to reduce transportation distances and food waste.