Edible Garden AG Incorporated (NASDAQ:EDBLW – Get Free Report) saw a significant growth in short interest in December. As of December 15th, there was short interest totaling 9,561 shares, a growth of 25.8% from the November 30th total of 7,601 shares. Based on an average daily trading volume, of 6,684 shares, the short-interest ratio is currently 1.4 days. Based on an average daily trading volume, of 6,684 shares, the short-interest ratio is currently 1.4 days.
Edible Garden Stock Performance
Shares of EDBLW traded up $0.02 during trading hours on Thursday, hitting $0.09. 3,996 shares of the company were exchanged, compared to its average volume of 26,888. The firm has a fifty day simple moving average of $0.16 and a 200-day simple moving average of $0.14. Edible Garden has a one year low of $0.02 and a one year high of $0.36.
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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