Edible Garden AG Incorporated (NASDAQ:EDBLW) Sees Significant Decline in Short Interest

Edible Garden AG Incorporated (NASDAQ:EDBLW) saw a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 14,962 shares, a decrease 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 presently 1.4 days. Based on an average daily trading volume, of 10,425 shares, the short-interest ratio is presently 1.4 days.

Edible Garden Stock Performance

EDBLW stock traded down $0.01 during trading on Monday, reaching $0.09. The stock had a trading volume of 200 shares, compared to its average volume of 21,615. Edible Garden has a 1-year low of $0.02 and a 1-year high of $0.36. The firm has a fifty day moving average price of $0.14 and a 200 day moving average price 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.