Edible Garden AG Incorporated (NASDAQ:EDBLW – Get Free Report) saw a large increase in short interest in June. As of June 30th, there was short interest totaling 2,545 shares, an increase of 78.0% from the June 15th total of 1,430 shares. Based on an average trading volume of 4,603 shares, the days-to-cover ratio is presently 0.6 days.
Edible Garden Trading Down 2.1%
Shares of NASDAQ:EDBLW opened at $0.04 on Friday. Edible Garden has a 1 year low of $0.03 and a 1 year high of $0.31. The firm’s 50-day moving average is $0.06 and its two-hundred day moving average is $0.09.
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.
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