Edible Garden AG Incorporated (NASDAQ:EDBLW – Get Free Report) saw a large decrease in short interest in May. As of May 15th, there was short interest totaling 1,881 shares, a decrease of 84.0% from the April 30th total of 11,768 shares. Based on an average daily volume of 12,514 shares, the short-interest ratio is presently 0.2 days.
Edible Garden Trading Down 3.5%
Shares of Edible Garden stock traded down $0.00 on Friday, reaching $0.06. 2,748 shares of the company were exchanged, compared to its average volume of 11,314. Edible Garden has a one year low of $0.04 and a one year high of $0.31. The company has a 50-day moving average of $0.08 and a 200 day moving average of $0.11.
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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