Short Interest in Edible Garden AG Incorporated (NASDAQ:EDBLW) Grows By 78.0%

Edible Garden AG Incorporated (NASDAQ:EDBLWGet Free Report) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 2,545 shares, a growth of 78.0% from the June 15th total of 1,430 shares. Based on an average daily volume of 4,603 shares, the short-interest ratio is presently 0.6 days.

Edible Garden Stock Down 0.7%

NASDAQ:EDBLW opened at $0.04 on Friday. Edible Garden has a 52-week low of $0.03 and a 52-week high of $0.31. The stock has a fifty day simple moving average of $0.06 and a 200-day simple moving average of $0.09.

About Edible Garden

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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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