Short Interest in Edible Garden AG Incorporated (NASDAQ:EDBLW) Drops By 18.2%

Edible Garden AG Incorporated (NASDAQ:EDBLW) saw a significant decline in short interest in January. As of January 30th, there was short interest totaling 14,962 shares, a decline of 18.2% from the January 15th total of 18,296 shares. Based on an average daily trading volume, of 10,425 shares, the short-interest ratio is currently 1.4 days. Based on an average daily trading volume, of 10,425 shares, the short-interest ratio is currently 1.4 days.

Edible Garden Trading Down 4.9%

Shares of EDBLW stock traded down $0.00 during mid-day trading on Tuesday, hitting $0.10. 1,530 shares of the stock were exchanged, compared to its average volume of 21,623. Edible Garden has a 52-week low of $0.02 and a 52-week high of $0.36. The firm has a fifty day moving average of $0.14 and a 200 day moving average of $0.15.

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.