Edible Garden AG Incorporated (NASDAQ:EDBLW) Sees Large Growth in Short Interest

Edible Garden AG Incorporated (NASDAQ:EDBLW) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 58,100 shares, an increase of 30.3% from the September 30th total of 44,600 shares. Based on an average daily trading volume, of 4,500 shares, the days-to-cover ratio is currently 12.9 days.

Edible Garden Price Performance

NASDAQ:EDBLW opened at $0.03 on Wednesday. Edible Garden has a 12-month low of $0.01 and a 12-month high of $0.07. The stock’s 50 day simple moving average is $0.02 and its 200-day simple moving average is $0.02.

Edible Garden Company Profile

Edible Garden AG Incorporated, together with its subsidiaries, operate as a controlled environment agriculture farming company. It offers various packaged products, including cilantro, rosemary, mint, thyme, oregano, bay leaves, chives, poultry mix, sage, dill, buttercrunch living lettuce, basil, living butterhead lettuce, basil, parsley, arugula spring mix, baby arugula blend, baby romaine, and crisp ranch and Caesar salad kits.