Short Interest in Edible Garden AG Incorporated (NASDAQ:EDBLW) Declines By 47.6%

Edible Garden AG Incorporated (NASDAQ:EDBLW) was the recipient of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 17,611 shares, a decline of 47.6% from the July 15th total of 33,584 shares. Based on an average daily volume of 12,534 shares, the days-to-cover ratio is presently 1.4 days.

Edible Garden Stock Performance

Shares of Edible Garden stock traded down $0.03 on Friday, hitting $0.04. 15,291 shares of the company traded hands, compared to its average volume of 14,101. The stock’s 50 day moving average price is $0.04 and its 200-day moving average price is $0.08. Edible Garden has a 52 week low of $0.02 and a 52 week high of $0.31.

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.