Edible Garden AG Incorporated (NASDAQ:EDBLW – Get Free Report) was the recipient of a large drop in short interest in May. As of May 15th, there was short interest totaling 1,881 shares, a drop of 84.0% from the April 30th total of 11,768 shares. Based on an average daily volume of 12,514 shares, the days-to-cover ratio is presently 0.2 days.
Edible Garden Stock Performance
Shares of NASDAQ:EDBLW traded down $0.00 during trading on Thursday, reaching $0.07. The stock had a trading volume of 1,411 shares, compared to its average volume of 11,505. Edible Garden has a fifty-two week low of $0.04 and a fifty-two week high of $0.31. The business has a fifty day moving average price of $0.08 and a 200-day moving average price of $0.12.
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.
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