Edible Garden AG Incorporated (NASDAQ:EDBLW – Get Free Report) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 33,584 shares, an increase of 1,219.6% from the June 30th total of 2,545 shares. Based on an average daily trading volume, of 12,669 shares, the days-to-cover ratio is presently 2.7 days.
Edible Garden Stock Performance
Shares of EDBLW traded down $0.00 during midday trading on Friday, reaching $0.04. The stock had a trading volume of 1,717 shares, compared to its average volume of 10,280. Edible Garden has a one year low of $0.03 and a one year high of $0.31. The firm has a 50 day simple moving average of $0.05 and a 200-day simple moving average of $0.09.
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.
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