Edible Garden AG Incorporated (NASDAQ:EDBLW) Short Interest Up 1,219.6% in July

Edible Garden AG Incorporated (NASDAQ:EDBLW) was the target of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 33,584 shares, a growth of 1,219.6% from the June 30th total of 2,545 shares. Based on an average trading volume of 12,669 shares, the short-interest ratio is currently 2.7 days.

Edible Garden Trading Down 0.6%

Shares of EDBLW stock traded down $0.00 during mid-day trading on Friday, reaching $0.04. 1,717 shares of the company’s stock traded hands, compared to its average volume of 10,280. Edible Garden has a 12 month low of $0.03 and a 12 month high of $0.31. The firm has a 50 day moving average price of $0.05 and a two-hundred day moving average price of $0.09.

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.