Edible Garden AG Incorporated (NASDAQ:EDBLW) Short Interest Update

Edible Garden AG Incorporated (NASDAQ:EDBLW) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 88,804 shares, a growth of 404.3% from the July 30th total of 17,611 shares. Based on an average daily volume of 50,301 shares, the short-interest ratio is currently 1.8 days.

Edible Garden Trading Down 6.6%

Shares of NASDAQ:EDBLW traded down $0.00 on Wednesday, hitting $0.04. The company’s stock had a trading volume of 2,922 shares, compared to its average volume of 13,581. Edible Garden has a 12 month low of $0.02 and a 12 month high of $0.31. The stock’s 50-day moving average is $0.04 and its two-hundred day moving average is $0.07.

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.