Edible Garden AG Incorporated (NASDAQ:EDBLW – Get Free Report) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 24,824 shares, a decline of 72.0% from the August 15th total of 88,804 shares. Based on an average daily volume of 2,385 shares, the short-interest ratio is presently 10.4 days.
Edible Garden Stock Up 1.4%
Shares of EDBLW stock traded up $0.00 on Friday, reaching $0.06. The stock had a trading volume of 960 shares, compared to its average volume of 12,979. Edible Garden has a 12 month low of $0.02 and a 12 month high of $0.31. The firm’s 50-day moving average is $0.04 and its two-hundred day moving average is $0.07.
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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