Edible Garden AG Incorporated (NASDAQ:EDBLW – Get Free Report) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 1,881 shares, a decline of 84.0% from the April 30th total of 11,768 shares. Based on an average daily trading volume, of 12,514 shares, the short-interest ratio is presently 0.2 days.
Edible Garden Trading Down 6.2%
Shares of EDBLW traded down $0.00 during trading hours on Thursday, hitting $0.07. The stock had a trading volume of 1,411 shares, compared to its average volume of 11,505. Edible Garden has a 12-month low of $0.04 and a 12-month high of $0.31. The company’s fifty day simple moving average is $0.08 and its 200 day simple moving average is $0.12.
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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