Edible Garden AG Incorporated (NASDAQ:EDBLW – Get Free Report) was the recipient of a significant growth in short interest in August. As of August 14th, there was short interest totaling 88,804 shares, a growth of 404.3% from the July 30th total of 17,611 shares. Based on an average daily trading volume, of 50,301 shares, the short-interest ratio is presently 1.8 days.
Edible Garden Stock Up 20.5%
EDBLW stock traded up $0.01 during midday trading on Friday, hitting $0.05. 405 shares of the stock traded hands, compared to its average volume of 13,366. Edible Garden has a 1-year low of $0.02 and a 1-year high of $0.31. The stock’s fifty day simple moving average is $0.04 and its 200-day simple moving average is $0.07.
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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